HB1674 Summary

• Amends the Open Space Lands Acquisition and Development Act to change the payment structure for grants to local governments.

• Requires the Department to pay a minimum of 50% of any grant to a local government at the time the grant is awarded.

• Distributes the remaining grant balance to local governments quarterly on a reimbursement basis rather than the previous reimbursement-only structure.

• Maintains existing conditions that grants are conditioned on 50/50 matching basis funding for open space land acquisition and capital development proposals.

• Takes effect immediately upon becoming law.