as introduced - 92nd Legislature (2021 - 2022) Posted on 03/26/2021 01:03pm
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:
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$4,000,000 in fiscal year 2022 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, $1,000,000 is for a revolving loan fund. This is a onetime appropriation.
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