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HF 3559

as introduced - 89th Legislature (2015 - 2016) Posted on 04/07/2016 04:34pm

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

Bill Text Versions

Engrossments
Introduction Posted on 03/24/2016

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

A bill for an act
relating to economic development; providing funding for business development
initiatives for economically disadvantaged entrepreneurs; appropriating money.

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

Section 1. new text beginBUSINESS DEVELOPMENT COMPETITIVE GRANT PROGRAM;
APPROPRIATION.
new text end

new text begin $1,000,000 in fiscal year 2017 is appropriated from the general fund to the
commissioner of employment and economic development for the business development
competitive grant program. This is a onetime appropriation and is available until June
30, 2019. In awarding grants under this section, the commissioner must give priority to
applicants from economically disadvantaged immigrant communities.
new text end