1.1 	A bill for an act
1.2 	relating to economic development; extending certain job creation goals for 
1.3 	Minnesota investment fund grants during the COVID-19 pandemic.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. MINNESOTA INVESTMENT FUND JOB CREATION GOALS 
1.6 	EXTENSION.
 1.7 	Notwithstanding any other law to the contrary, a recipient of a Minnesota Investment 
1.8 	Fund grant under Minnesota Statutes, section 116J.8731, who is unable to meet the job 
1.9 	creation goals of the agreement during a peacetime emergency related to the COVID-19 
1.10 	pandemic shall be granted an extension until December 31, 2022, to meet those job creation 
1.11 	goals before the grant must be repaid.

1.12 	EFFECTIVE DATE. This section is effective the day following final enactment.