Minnesota 2025 2025-2026 Regular Session

Minnesota Senate Bill SF922 Introduced / Bill

Filed 01/31/2025

                    1.1	A bill for an act​
1.2 relating to workforce development; appropriating money for a grant to the Latino​
1.3 Economic Development Center.​
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:​
1.5 Section 1. APPROPRIATION.​
1.6 $2,000,000 in fiscal year 2026 and $2,000,000 in fiscal year 2027 are appropriated from​
1.7the workforce development fund to the commissioner of employment and economic​
1.8development for a grant to the Latino Economic Development Center (LEDC). Grant​
1.9proceeds may be used to assist, support, finance, and launch microentrepreneurs by delivering​
1.10training, workshops, and one-on-one consultations to businesses as well as capacity building​
1.11and general operations. Proceeds may also be used to assist prospective entrepreneurs in​
1.12the start-up process by introducing prospective entrepreneurs to key business concepts,​
1.13including business start-up readiness and innovating career pathways into trades, green​
1.14lending, technology, coding, STEM careers, translation services, and manufacturing.​
1​Section 1.​
25-01762 as introduced​01/14/25 REVISOR SS/EN​
SENATE​
STATE OF MINNESOTA​
S.F. No. 922​NINETY-FOURTH SESSION​
(SENATE AUTHORS: HAWJ and Putnam)​
OFFICIAL STATUS​D-PG​DATE​
Introduction and first reading​02/03/2025​
Referred to Jobs and Economic Development​