as introduced - 92nd Legislature (2021 - 2022) Posted on 03/15/2021 03:07pm
Engrossments | ||
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Introduction | Posted on 03/15/2021 |
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:
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Notwithstanding any other law to the contrary, if Uponor North America, who received
a Minnesota Investment Fund grant under Minnesota Statutes, section 116J.8731, is unable
to meet the job creation goals of the agreement during a peacetime emergency related to
the COVID-19 pandemic, the company shall be granted an extension until June 30, 2023,
to meet those job creation goals before the grant must be repaid.
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This section is effective the day following final enactment.
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