1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money to EquaSpace workspace for 
1.3 	nonprofit corporations in St. Paul.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. EQUASPACE NONPROFIT WORKSPACE; ST. PAUL.
 1.6 	$15,000,000 is appropriated from the general fund to the commissioner of employment 
1.7 	and economic development for a grant to EquaSpace to acquire property for and to predesign, 
1.8 	design, construct, furnish, and equip a workspace in the downtown area of the city of St. 
1.9 	Paul to serve multiple nonprofit businesses in a space-sharing arrangement to allow 
1.10 	collaboration. The property may be leased to other nonprofit corporations. This appropriation 
1.11 	is available when sufficient resources have been committed to the project to complete the 
1.12 	project. This appropriation is onetime and is available until the project is completed or 
1.13 	abandoned, subject to Minnesota Statutes, section 16A.642.

1.14 	EFFECTIVE DATE. This section is effective the day following final enactment.