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Minnesota Legislature

Office of the Revisor of Statutes

SF 1579

as introduced - 91st Legislature (2019 - 2020) Posted on 02/21/2019 03:08pm

KEY: stricken = removed, old language.
underscored = added, new language.

Current Version - as introduced

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A bill for an act
relating to economic development; modifying Minnesota investment fund grant
limits; modifying job training grants program; appropriating money; amending
Minnesota Statutes 2018, sections 116J.8731, subdivision 5; 116L.40, subdivision
7; 116L.41, subdivision 4, by adding a subdivision.

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

Section 1.

Minnesota Statutes 2018, section 116J.8731, subdivision 5, is amended to read:


Subd. 5.

Grant limits.

A Minnesota investment fund grant may not be approved for an
amount in excess of deleted text begin$1,000,000deleted text endnew text begin $2,000,000. A grant of up to $2,000,000 is allowable for
projects that have at least $25,000,000 in capital investment and 150 new employees
new text end. This
limit covers all money paid to complete the same project, whether paid to one or more grant
recipients and whether paid in one or more fiscal years. A local community or recognized
Indian tribal government may retain 40 percent, but not more than $100,000, of a Minnesota
investment fund grant when it is repaid to the local community or recognized Indian tribal
government by the person or entity to which it was loaned by the local community or Indian
tribal government. Money repaid to the state must be credited to a Minnesota investment
revolving loan account in the state treasury. Funds in the account are appropriated to the
commissioner and must be used in the same manner as are funds appropriated to the
Minnesota investment fund. Funds repaid to the state through existing Minnesota investment
fund agreements must be credited to the Minnesota investment revolving loan account
effective July 1, 2005. A grant or loan may not be made to a person or entity for the operation
or expansion of a casino or a store which is used solely or principally for retail sales. Persons
or entities receiving grants or loans must pay each employee total compensation, including
benefits not mandated by law, that on an annualized basis is equal to at least 110 percent
of the federal poverty level for a family of four.

Sec. 2.

Minnesota Statutes 2018, section 116L.40, subdivision 7, is amended to read:


Subd. 7.

New job.

"New job" means a job:

(1) that is provided by a new or expanding business at a location in Minnesota deleted text beginoutside
of the metropolitan area, as defined in section 473.121, subdivision 2
deleted text end;

(2) new text beginthat is with a manufacturing or technology employer;
new text end

new text begin (3) new text endthat provides at least 32 hours of work per week for a minimum of nine months per
year and is permanent with no planned termination date;

deleted text begin (3)deleted text end new text begin(4) new text endthat is certified by the commissioner as qualifying under the program before the
first employee is hired to fill the job; and

deleted text begin (4)deleted text end new text begin(5) new text endfor which an employee hired was not (i) formerly employed by the employer in
the state, or (ii) a replacement worker, including a worker newly hired as a result of a labor
dispute.

Sec. 3.

Minnesota Statutes 2018, section 116L.41, is amended by adding a subdivision to
read:


new text begin Subd. 3a. new text end

new text begin Grant limits. new text end

new text begin The maximum grant amount for a project is $400,000.
new text end

Sec. 4.

Minnesota Statutes 2018, section 116L.41, subdivision 4, is amended to read:


Subd. 4.

Allocation.

new text begin (a) Fifty percent of the money appropriated for job training grants
under section 116L.42 must be allocated for projects located outside of the metropolitan
area, as defined in section 473.121, subdivision 2. After March 31, any portion of the 50
percent allocated for projects located outside of the metropolitan area that has not been
awarded is available for other projects eligible for grants.
new text end

new text begin (b) Subject to the limitations in paragraph (a), new text endthe commissioner shall allocate grant
funds under section 116L.42 to project applications based on a first-come, first-served basis,
determined on the basis of the commissioner's receipt of a complete application for the
project, including the provision of all of the required information. The agreement must
specify the amount of grant funds available to the employer for each year covered by the
agreement.

Sec. 5. new text beginJOB TRAINING GRANT PROGRAM; APPROPRIATIONS.
new text end

new text begin $3,000,000 in fiscal year 2020 and $3,000,000 in fiscal year 2021 are appropriated from
the workforce development fund to the commissioner of employment and economic
development for job training grants under Minnesota Statutes, section 116L.42.
new text end