Actions: SPREF [1] SIRC/SFC-SIRC [8] DP/a-SFC
Scheduled: Not Scheduled
Senate Bill 25 (SB 25) creates the Federal Infrastructure Matching Fund (FIMF) to assist tribal governments in meeting match requirements for grants, provides limitations, and makes an appropriation of $100,000,000.Legislation Overview:
SB 25 appropriates one hundred million dollars ($100,000,000) from the General Fund to a Federal Infrastructure Matching Fund (FIMD) created by the bill, to meet match requirements for federal tribal infrastructure grants. Any unexpended or unencumbered balance remaining at the end of a fiscal year will not revert to the General Fund. The Tribal Infrastructure Act is modified to establish the FIMF as a non-reverting fund in the state treasury, to be administered by the Department of Finance and Administration. The total amount that may be expended per year is $10,000,000. The Act outlines the process of application for obtaining matching funds.Current Law:
If the bill does not pass, required matching funds for federal tribal infrastructure grants will need to be found elsewhere.Amendments:
Amended February 9, 2023 in SIRC SRICa / SB 25: The Indian, Rural and Cultural Affairs Committee makes the following modifications: • On page 3, line 7, strike "--EXPENDITURE LIMITATION". • On page 3, line 16, after the period, strike the remainder of the line and strike lines 17 and 18 in their entirety.Relates To:
HB 49, County and Tribal Health Councils Funding