1.1 	A bill for an act
1.2 	relating to economic development; appropriating money for small business 
1.3 	development in East St. Paul.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. SMALL BUSINESS DEVELOPMENT; APPROPRIATION.
 1.6 	$3,000,000 in fiscal year 2019 is appropriated from the general fund to the commissioner 
1.7 	of employment and economic development for a revolving loan fund and competitive grants 
1.8 	to small businesses in East St. Paul to support community small business development. Of 
1.9 	this amount, $500,000 is for a revolving loan fund. This is a onetime appropriation.