Bill > SF745

This bill appropriates $2 million from Minnesota's general fund in fiscal year 2026 to the commissioner of employment and economic development, specifically to provide a grant to TaikoArts Midwest, which is a 501(c)(3) nonprofit organization. The grant is designated for the acquisition, renovation, equipping, and furnishing of a property located at 449 Front Avenue in St. Paul, with the purpose of creating a permanent home for TaikoArts Midwest and establishing a multipurpose community event space. The bill specifies that this is a one-time appropriation and the funding will remain available until the project is either completed or abandoned, in accordance with Minnesota Statutes, section 16A.642. The term 501(c)(3) refers to a specific section of the Internal Revenue Code that designates certain nonprofit organizations as tax-exempt, typically those with charitable, educational, or cultural missions.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF0745&ssn=0&y=2025