Legislation Could Bring Economic Development

dianefranklinA piece legislation slated to go into effect at the end of next month could impact the economic development efforts at the Lake of the Ozarks. House Bill 1506 which was sponsored by state Representative Diane Franklin establishes a rural regional development grants program in order to strengthen the efforts of economic development agencies in order to bring business to the area. According to the bill, grants may be used for things such as workforce development activities, regional marketing techniques, in-depth market research, financial analysis and assistance with developing a comprehensive economic development strategy.

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