as introduced - 92nd Legislature (2021 - 2022) Posted on 03/23/2021 08:23am
A bill for an act
relating to economic development; appropriating money to the Latino Economic
Development Center.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$950,000 in fiscal year 2022 is appropriated from the general fund to the commissioner
of employment and economic development for a grant to the Latino Economic Development
Center. Of this amount, $500,000 shall be used to provide technical assistance and support
to small businesses and $450,000 shall be used for improvements to a building that will
operate as a small business incubator on Payne Avenue and serve other community uses.
Funds are available until June 30, 2023.
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