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SF 2870

as introduced - 89th Legislature (2015 - 2016) Posted on 05/16/2016 04:35pm

KEY: stricken = removed, old language.
underscored = added, new language.
Version List Authors and Status
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Current Version - as introduced

Line numbers 1.1 1.2 1.3 1.4
1.5 1.6 1.7 1.8 1.9 1.10 1.11 1.12 1.13

A bill for an act
 relating to economic development; appropriating money to African Economic
Development Solutions.

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

Section 1. new text begin AFRICAN ECONOMIC DEVELOPMENT SOLUTIONS;
APPROPRIATION.
new text end

new text begin $750,000 in fiscal year 2017 is appropriated from the general fund to the
commissioner of employment and economic development for a grant to African Economic
Development Solutions. This is a onetime appropriation. Of this amount:
 new text end

new text begin (1) $500,000 is for business revolving loan fund expansion; and
 new text end

new text begin (2) $250,000 is for technical assistance including, but not limited to, business
development, entrepreneur training, business consulting, homeownership education, and
loan packaging.
 new text end