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HF 3063

as introduced - 88th Legislature (2013 - 2014) Posted on 03/13/2014 02:52pm

KEY: stricken = removed, old language.
underscored = added, new language.

Bill Text Versions

Engrossments
Introduction Posted on 03/13/2014

Current Version - as introduced

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A bill for an act
relating to economic development; appropriating money for the small business
development center program.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1. new text begin SMALL BUSINESS DEVELOPMENT CENTERS; APPROPRIATION.
new text end

new text begin $500,000 in fiscal year 2015 is appropriated from the general fund to the
commissioner of employment and economic development for grants to small business
development centers under Minnesota Statutes, section 116J.68. Funds made available
under this section may be used to match funds under the federal small business
development center (SBDC) program under United States Code, title 15, section 648, to
provide consulting and technical services, or to build additional SBDC network capacity
to serve entrepreneurs and small businesses. The commissioner shall allocate funds
equally among the nine regional centers and lead center. This is a onetime appropriation
and is available until expended.
new text end