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HF 1865

as introduced - 90th Legislature (2017 - 2018) Posted on 03/02/2017 12:46pm

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

Current Version - as introduced

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A bill for an act
relating to economic development; modifying the qualification requirements for
the Lake Mille Lacs area economic relief program; extending the expiration date
of the program by one year; appropriating money; amending Laws 2016, chapter
189, article 7, section 46.

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

Section 1.

Laws 2016, chapter 189, article 7, section 46, subdivision 3, is amended to
read:


Subd. 3.

Qualification requirements.

To qualify for assistance under this section, a
business must:

(1) be located within one of the following municipalities surrounding Lake Mille Lacs:

(i) in Crow Wing County, the city of Garrison, township of Garrison, or township of
Roosevelt;

(ii) in Aitkin County, the township of Hazelton, township of Wealthwood, township of
Malmo, or township of Lakeside; or

(iii) in Mille Lacs County, the city of Isle, city of Wahkon, city of Onamia, township of
East Side, township of Isle Harbor, township of South Harbor, or township of Kathio;

(2) document a reduction of at least deleted text begin tendeleted text end new text begin fivenew text end percent in gross receipts in any two-year
period since 2010; and

(3) be a business in one of the following industries, as defined within the North American
Industry Classification System: accommodation, restaurants, bars, amusement and recreation,
food and beverages retail, sporting goods, miscellaneous retail, general retail, museums,
historical sites, health and personal care, gas station, general merchandise, business and
professional membership, movies, or nonstore retailer, as determined by Mille Lacs County
in consultation with the commissioner of employment and economic development.

Sec. 2.

Laws 2016, chapter 189, article 7, section 46, the effective date, is amended to
read:


EFFECTIVE DATE.

This section, except for subdivision 4, is effective July 1, 2016,
and expires June 30, deleted text begin 2017deleted text end new text begin 2018new text end . Subdivision 4 is effective July 1, 2016, and expires on the
date the last loan is repaid or forgiven as provided under this section.

Sec. 3. new text begin APPROPRIATION.
new text end

new text begin $....... in fiscal year 2018 is appropriated from the general fund to the commissioner of
employment and economic development for a grant to Mille Lacs County to develop and
operate the Lake Mille Lacs area economic relief program established in Laws 2016, chapter
189, article 4, section 46. This is a onetime appropriation.
new text end