SF 2695

as introduced - 92nd Legislature (2021 - 2022) Posted on 03/10/2022 04:23pm

A bill for an act
relating to economic development; establishing the hospitality recovery grant
program; appropriating money.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1. new text begin HOSPITALITY RECOVERY GRANT PROGRAM.
new text end

new text begin Subdivision 1. new text end

new text begin Grant program established. new text end

new text begin The commissioner of employment and
economic development shall make hospitality recovery grants to eligible hospitality
businesses of up to $10,000 due to adverse effects to a business related to the COVID-19
pandemic.
new text end

new text begin Subd. 2. new text end

new text begin Hospitality business defined. new text end

new text begin For purposes of this section, "hospitality business"
means a for-profit or nonprofit business including but not limited to restaurants, drinking
places, and entertainment venues.
new text end

new text begin Subd. 3. new text end

new text begin Eligibility. new text end

new text begin A hospitality business is eligible to receive a grant under this section
if the business:
new text end

new text begin (1) employs ....... or fewer employees;
new text end

new text begin (2) has a physical presence in the state; and
new text end

new text begin (3) was impacted by a COVID-19-related business closure or other restrictions related
to the COVID-19 pandemic.
new text end

new text begin Subd. 4. new text end

new text begin Administration. new text end

new text begin (a) The commissioner may develop criteria, forms, applications,
and reporting requirements for use by applicants.
new text end

new text begin (b) Priority in awarding grants shall be given to businesses that have not previously
received any COVID-19-related state or local grants or aid, excluding any business relief
payment received under Laws 2020, Seventh Special Session chapter 2, article 1, section
1.
new text end

new text begin (c) Grants shall be awarded on a first-come, first-served basis.
new text end

new text begin Subd. 5. new text end

new text begin Eligible use of grant money. new text end

new text begin Grant proceeds may be used for business
operations, payroll, rent or mortgage, utilities, and other business-related expenses.
new text end

new text begin Subd. 6. new text end

new text begin Appropriation. new text end

new text begin (a) $2,800,000 in fiscal year 2022 is appropriated from the
state fiscal recovery fund to the commissioner of employment and economic development
for hospitality recovery grants under this section. Of this amount, no more than $....... may
be used for the administrative costs incurred in making these grants.
new text end

new text begin (b) For the purposes of this section, "state fiscal recovery fund" means money received
by the state pursuant to section 9901 of the American Rescue Plan Act, Public Law 117-2.
new text end

new text begin (c) This is a onetime appropriation and is available until December 31, 2023.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
new text end