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HB 5579

AN ACT RELATING TO PUBLIC UTILITIES AND CARRIERS -- PUBLIC UTILITIES COMMISSION

2025 Regular Session Introduced by Jackie Baginski and 9 co-sponsors

Establishes a state fund to grow and stabilize Hispanic-led and other communities-of-color nonprofits with grants, loans, and capacity-building.

04/01/2025 Committee recommended measure be held for further study
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Bill Summary · HB 5579

Summary — HB 5579

Title: AN ACT CONCERNING THE ESTABLISHMENT OF A HISPANIC AND COMMUNITIES OF COLOR NONPROFIT GROWTH AND STABILIZATION FUND
Bill Number: HB 5579
Introduced: March 14, 2025
Subjects: community development; minorities; nonprofit organizations; reports; social services; state funds

Main purpose

Based on the bill title and subject classification, HB 5579 would create a state fund intended to support the growth and stabilization of Hispanic-led and other communities-of-color nonprofit organizations. The fund’s core intent is to provide targeted financial and capacity-building resources to strengthen nonprofit organizations that serve historically underserved communities.

Key provisions (as implied by title and subject)

The full bill text was not provided. Typical elements such legislation commonly includes—and which stakeholders should look for in the bill text—are:
- Establishment of a designated fund in the state treasury (name: Hispanic and Communities of Color Nonprofit Growth and Stabilization Fund).
- Authorization for disbursements from the fund for grants, low-interest loans, technical assistance, capacity building, and fiscal stabilization to eligible nonprofits.
- Definitions of eligible recipients (e.g., Hispanic-led nonprofits, nonprofits primarily serving communities of color, size/annual revenue thresholds).
- Administration and oversight provisions (assigning an administering agency or board; application, award, and monitoring procedures).
- Reporting and accountability requirements (periodic reports to the legislature on awards, outcomes, and fund balances).
- Funding source and appropriation language (initial capitalization and whether ongoing appropriations or transfers from existing accounts are required).

Because the bill’s full language is not included here, specifics such as funding amount, eligibility criteria, award process, and reporting deadlines are unknown and will need to be confirmed in the bill text.

Who would be affected

  • Hispanic-led and other communities-of-color nonprofit organizations seeking financial stability and capacity building.
  • Beneficiaries of those nonprofits (clients and communities served).
  • State agencies that would administer the fund or provide oversight.
  • State budget/appropriations if the fund requires initial or continuing appropriations.

Procedural status and timeline

  • Drafted by committee: 2025-02-11; Vote to Draft: 2025-01-28
  • Referred to Joint Committee on Human Services: 2025-01-21 / 2025-02-13
  • Public hearing: 2025-02-14 (0220)
  • Filed/Introduced: 2025-03-14; Read first time: 2025-04-07
  • Change of reference to Appropriations (House and Senate) and referral to Ways & Means: actions in March–April 2025 show the bill moving toward fiscal committees for funding review. Current status: CHG. REF., SEN. TO COMM. ON Appropriations and referred to Ways & Means (4/7/2025).

What to watch for / next steps

  • Full bill text for exact fund mechanics (amounts, capitalization source, eligibility, administration, and reporting).
  • Appropriations committee action (whether initial funding is proposed and the amount).
  • Any amendments that define program eligibility, performance metrics, or sunset/continuation clauses.
  • Final text to assess fiscal impact and implementation timeline.

For stakeholders: obtain the bill’s full text and committee reports to review precise eligibility rules, funding sources, and administrative assignments before assessing operational or budgetary impacts.

Compiled from official sources — confirm details with the bill’s official record.

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