HB4405 Summary

• Amends the Open Space Lands Acquisition and Development Act to require return of unspent advanced grant payments to the Department of Natural Resources within 2 years.

• Allows grant funds to remain available for expenditure beyond the 2-year period if the local government has legally obligated the funds prior to the 2-year deadline.

• Specifies that returned unused portions of advanced payments shall be redistributed by the Department on a reimbursement basis along with the remainder of the grant.

• Clarifies that the Department may grant extensions beyond 2 years to allow local governments to complete approved projects and use remaining grant funds.

• Takes effect immediately upon becoming law.