Minnesota Legislature
HF 4237
as introduced - 90th Legislature (2017 - 2018) Posted on 03/26/2018 02:42pm
KEY: stricken = removed, old language.
underscored = added, new language.
Current Version - as introduced
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A bill for an act
relating to economic development; appropriating money for small business
development in East St. Paul.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Section 1. new text begin SMALL BUSINESS DEVELOPMENT; APPROPRIATION.
new text end
new text begin
$3,000,000 in fiscal year 2019 is appropriated from the general fund to the commissioner
of employment and economic development for a revolving loan fund and competitive grants
to small businesses in East St. Paul to support community small business development. Of
this amount, $500,000 is for a revolving loan fund. This is a onetime appropriation.
new text end