Delaware General Assembly

Passed

The General Assembly has ended, the current status is the final status.

SB 75

6/18/14

Heffernan

Reps. Brady, Gray, Jaques, Keeley, D. Short, Smyk, D.E. Williams

This amendment will more effectively utilize existing revenues to generate additional resources for state and local recreational infrastructure and stewardship of public lands by consolidating several accounts associated with the Land and Water Conservation Trust Fund and authorizing the Cash Management Policy Board to manage the Fund and the 21st Century Fund Parks Endowment as endowments. The bill will allow the use of the Endowment Account of the Fund to hold funds for open space protection and local outdoor recreation, park and trail projects. The legislation reduces the local match requirement for outdoor recreational projects from 50% to 25% and authorizes DNREC to utilize an annual average of 5% of the Endowment account for enhancements in and stewardship of State Parks, Fish and Wildlife Areas, Historical and Cultural sites and State Forests. It also establishes an Infrastructure Account that will fund critical infrastructure projects in Parks and Wildlife areas.

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