WeVote
Log In

Bill

Bill

A 2636

Establishes a local authorities searchable subsidy and economic development benefits database

2025 Regular Session Introduced by Rodneyse Bichotte Hermelyn and 3 co-sponsors

Bill A 2636 creates a searchable database for local subsidies and economic benefits, enhancing access for businesses and the public to support economic growth.

REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS
0
WeVote Research Nonpartisan
Bill Summary · A 2636

Summary of Bill A 2636

Bill Information

  • Bill Number: A 2636
  • Title: Establishes a local authorities searchable subsidy and economic development benefits database
  • Status: Referred to Corporations, Authorities and Commissions
  • Introduced: January 21, 2025
  • Classification: Bill

Purpose and Intent

The primary purpose of Bill A 2636 is to create a comprehensive, searchable database that will provide information on subsidies and economic development benefits offered by local authorities. This initiative aims to enhance transparency and accessibility of economic assistance programs, allowing businesses, researchers, and the general public to easily find and understand the financial support available at the local level.

Key Provisions

  • Database Creation: The bill mandates the establishment of a centralized database that will catalog various subsidies and economic development benefits provided by local authorities.
  • Search Functionality: The database will be designed to allow users to search for specific subsidies based on criteria such as type, amount, eligibility requirements, and the local authority offering the benefit.
  • Regular Updates: Local authorities will be required to regularly update the database to ensure that the information remains current and accurate.
  • User Accessibility: The database will be made publicly accessible, promoting transparency and encouraging economic development by informing potential beneficiaries of available resources.

Impact

  • Businesses: Local businesses seeking financial assistance will benefit from easier access to information about available subsidies, potentially leading to increased participation in economic development programs.
  • Local Authorities: The bill may require local authorities to allocate resources for maintaining and updating the database, which could impact their administrative processes.
  • General Public: Citizens and researchers will have improved access to information regarding local economic development initiatives, fostering greater community engagement and awareness.

Procedural Aspects

  • Current Status: As of January 21, 2025, the bill has been referred to the Corporations, Authorities and Commissions committee for further consideration.
  • Related Legislation: This bill is related to several prior-session bills (S 2669, S 3446, S 2854, S 3354, S 3364, S 1275, A 6762) that may have addressed similar issues or concepts, indicating ongoing legislative interest in enhancing economic development transparency.

Conclusion

Bill A 2636 represents a significant step towards improving the accessibility of economic development benefits at the local level. By establishing a searchable database, the bill aims to empower businesses and the public with the information necessary to take advantage of available subsidies, ultimately fostering economic growth and development within communities.

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

Sign in to ask a question.