1.1 	A bill for an act
1.2 	relating to economic development; modifying requirements of certain grant 
1.3 	programs; appropriating money for Twin Cities RISE!;amending Minnesota 
1.4 	Statutes 2010, section 116J.8747, subdivision 3.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. Minnesota Statutes 2010, section 116J.8747, subdivision 3, is amended to 
1.7 	read:
1.8 		Subd. 3.Graduation and retention grant requirements. For purposes of a 
1.9 	placement grant under this section, a qualified graduate is a graduate of a job training 
1.10 	program qualifying under subdivision 2 who is placed in a job in Minnesota that pays at 
1.11 	least $9 per hour or its equivalent plus health care benefits. To qualify for a retention 
1.12 	grant under this section for a retention fee, a job in which the graduate is retained must 
1.13 	pay at least $10 per hour or its equivalent plus health care benefits at the end of the first 
1.14 	year of employment.

1.15 	Sec. 2. APPROPRIATION; TWIN CITIES RISE!
 1.16 	$500,000 in fiscal year 2012 and $500,000 in fiscal year 2013 are appropriated 
1.17 	from the general fund to the commissioner of employment and economic development 
1.18 	for a grant under Minnesota Statutes, section 116J.8747, to Twin Cities RISE! to provide 
1.19 	training to hard-to-train individuals. Funds unexpended in the first year are available for 
1.20 	expenditure in the second year.