Dangjin Completes Legislative Notice of Economic Recovery Support Fund Ordinance… 53 Billion Won Cost Estimate Over One Year, Per-Capita Payment Amount and Application Period Unspecified
Dangjin City has completed the legislative notice period for the "Ordinance on the Provision of the Dangjin City Economic Recovery Support Fund," aimed at stabilizing citizens' livelihoods and revitalizing the local economy. The ordinance contains provisions on support fund recipients, the establish

Dangjin City has completed the legislative notice period for the "Ordinance on the Provision of the Dangjin City Economic Recovery Support Fund," aimed at stabilizing citizens' livelihoods and revitalizing the local economy. The ordinance contains provisions on support fund recipients, the establishment of payment plans, payment exclusions and recovery measures, with a cost estimate of 53 billion won over one year.
■ Background and Purpose of Enactment This ordinance was prepared to promote the livelihood stability of Dangjin citizens who are struggling due to social and economic changes and the prolonged economic downturn. Easing contracted consumer sentiment and stipulating matters necessary for revitalizing the local economy were also cited as reasons for enactment.
■ Key Contents of the Ordinance The ordinance includes ▲the provision and recipients of the support fund ▲the establishment of a payment plan and reporting to the city council ▲payment exclusions and recovery measures.
Specifically, Articles 5 through 6 stipulate matters concerning the provision and recipients of the economic recovery support fund. Article 7 covers the establishment of the payment plan and reporting to the city council, while Articles 8 through 9 address payment exclusions and recovery measures.
■ 53 Billion Won Cost Estimate Over One Year… Not a Confirmed Budget The budget action item specifies 53,000,000 thousand won, or 53 billion won, over one year. This figure is the cost estimate stated in the reference notes of the ordinance, with a separate cost estimate statement attached. The budget-related concurrence department is listed as the Budget Team.
However, the 53 billion won is merely a cost estimate for one year and does not mean that actual budget allocation and execution have been confirmed.
■ Related Laws and Preliminary Review Results Related laws cited in the ordinance include Article 13 of the Local Autonomy Act, Articles 4 and 15 of the Act on the Promotion of the Use of Local Love Vouchers, and Article 2 of the Specialized Credit Finance Business Act. Article 16 of the Resident Registration Act, Article 2 of the Framework Act on the Treatment of Foreigners in Korea, Article 10 of the Immigration Control Act, and Article 2 of the Ordinance on the Issuance and Operation of Dangjin Love Vouchers were also included as related laws.
The preliminary review items state that there were no improvements needed based on the gender impact analysis and assessment results, and it was also specified that there were no regulatory affairs subject to review in the administrative regulation pre-deliberation.
■ Legislative Notice Procedure and Unspecified Matters From the 2nd to the 7th, Dangjin City provided legislative notice of the ordinance through the city gazette, the city website, and bulletin boards, gathering citizens' opinions. The notice was registered on October 2 as Dangjin City Notice No. 2026-2473, with the Regional Economy Division as the responsible department. The legislative notice was conducted in accordance with Article 41 of the Administrative Procedures Act and Article 5 of the Dangjin City Ordinance on the Establishment and Operation of Autonomous Regulations, as a procedure to inform citizens in advance of the purpose and key contents of the ordinance and to hear their opinions.
However, the publicly disclosed enactment purpose, key contents, and reference notes of the ordinance do not specify the payment amount per citizen, the specific application period, or the payment schedule. While it was confirmed that provisions on payment recipients are included, the detailed eligibility criteria cannot be verified from the available materials alone.
Dangjin City presented citizens' livelihood stability, easing consumer sentiment, and revitalizing the local economy as the purposes of enactment in this ordinance, and included provisions stipulating matters necessary for the provision and management of the support fund.
[This article was written based on the enactment purpose, key contents, and reference notes of the Dangjin City ordinance on the provision of the economic recovery support fund. AI provided partial assistance.]
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