HF 2501

as introduced - 92nd Legislature (2021 - 2022) Posted on 01/31/2022 12:38pm

A bill for an act
relating to capital investment; appropriating money for relocation costs and
improvements to real property for qualified meat processing businesses.

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

Section 1. new text begin APPROPRIATION; MEAT PROCESSING BUSINESSES IN
REDEVELOPMENT AREA.
new text end

new text begin $6,500,000 in fiscal year 2022 is appropriated from the general fund to the commissioner
of employment and economic development for one or more grants to any business engaged
in the meat processing industry and currently conducting operations in a building or buildings
constructed on or before January 1, 1947, and located in a city of the second class that was
designated as a redevelopment area by the United States Department of Commerce under
the Public Works and Economic Development Act of 1965, Public Law 89-136, title IV,
section 401(a)(4). This appropriation includes relocation costs and the cost of improvements
to real property locally zoned to allow a meat processing land use that are incurred by any
qualified business under this section. This is a onetime appropriation.
new text end