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HF 2074

as introduced - 92nd Legislature (2021 - 2022) Posted on 03/09/2021 11:44am

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

Bill Text Versions

Engrossments
Introduction Posted on 03/09/2021

Current Version - as introduced

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A bill for an act
relating to economic development; extending certain job creation goals for
Minnesota investment fund grants during the COVID-19 pandemic.

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

Section 1. new text begin MINNESOTA INVESTMENT FUND JOB CREATION GOALS
EXTENSION.
new text end

new text begin Notwithstanding any other law to the contrary, a recipient of a Minnesota Investment
Fund grant under Minnesota Statutes, section 116J.8731, who is unable to meet the job
creation goals of the agreement during a peacetime emergency related to the COVID-19
pandemic shall be granted an extension until December 31, 2022, to meet those job creation
goals before the grant must be repaid.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
new text end