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HF 1966

as introduced - 92nd Legislature (2021 - 2022) Posted on 03/08/2021 02:21pm

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

Bill Text Versions

Engrossments
Introduction Posted on 03/08/2021

Current Version - as introduced

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A bill for an act
relating to economic development; appropriating money for redevelopment grants
and demolition loans, Minnesota investment fund, and the job creation fund.

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

Section 1. new text beginAPPROPRIATION; REDEVELOPMENT GRANTS AND DEMOLITION
LOANS.
new text end

new text begin $8,000,000 in fiscal year 2022 and $8,000,000 in fiscal year 2023 are appropriated from
the general fund to the commissioner of employment and economic development for
redevelopment grants under Minnesota Statutes, section 116J.575, and demolition loans
under Minnesota Statutes, section 116J.5761.
new text end

Sec. 2. new text beginAPPROPRIATION; MINNESOTA JOB CREATION FUND.
new text end

new text begin $8,000,000 in fiscal year 2022 and $8,000,000 in fiscal year 2023 are appropriated from
the general fund to the commissioner of employment and economic development for the
Minnesota job creation fund under Minnesota Statutes, section 116J.8748.
new text end

Sec. 3. new text beginAPPROPRIATION; MINNESOTA INVESTMENT FUND.
new text end

new text begin $12,370,000 in fiscal year 2022 and $12,370,000 in fiscal year 2023 are appropriated
from the general fund to the commissioner of employment and economic development for
the Minnesota investment fund under Minnesota Statutes, section 116J.8732.
new text end