Minnesota 2025-2026 Regular Session

Minnesota Senate Bill SF1945 Compare Versions

Only one version of the bill is available at this time.
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11 1.1 A bill for an act​
22 1.2 relating to economic development; appropriating money for a grant to the​
33 1.3 Entrepreneur Fund.​
44 1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:​
55 1.5 Section 1. APPROPRIATION; ENTREPRENEUR FUND.​
66 1.6 $1,000,000 in fiscal year 2026 is appropriated from the general fund to the commissioner​
77 1.7of employment and economic development for a grant to the Entrepreneur Fund to capitalize​
88 1.8their revolving loan funds to address unmet financing needs in northeast Minnesota of​
99 1.9for-profit business startups, expansions, and ownership transitions. This is a onetime​
1010 1.10appropriation.​
1111 1​Section 1.​
1212 25-03773 as introduced​02/12/25 REVISOR SS/LJ​
1313 SENATE​
1414 STATE OF MINNESOTA​
1515 S.F. No. 1945​NINETY-FOURTH SESSION​
1616 (SENATE AUTHORS: HAUSCHILD)​
1717 OFFICIAL STATUS​D-PG​DATE​
1818 Introduction and first reading​02/27/2025​
1919 Referred to Jobs and Economic Development​