SB 3049: DBEDT; ECONOMIC DEVELOPMENT; TRADE-ORIENTED PRODUCTION CAPACITY GRANT PROGRAM; ESTABLISHMENT; MANUFACTURING; GRANTS; APPROPRIATION

Establishes the Trade-Oriented Production Capacity Grant Program within the Department of Business, Economic Development, and Tourism to support one-time capital investments that expand the State's manufacturing and production capacity for trade.  Provides grants for equipment, automation, and facility improvements that directly increase output, efficiency, and competitiveness for eligible businesses, with required private-sector matching funds.  Prioritizes traded-sector businesses with interstate or international market potential to help generate measurable near-term trade and economic returns.  Appropriates funds.