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MN SF1514

MN SF1514
Coalition of Asian American Leaders grant appropriation


summary

Introduced
02/17/2025
In Committee
02/17/2025
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

A bill for an act relating to economic development; appropriating money for a grant to the Coalition of Asian American Leaders.

AI Summary

This bill appropriates $1.5 million from Minnesota's general fund in fiscal year 2026 to the commissioner of employment and economic development, specifically designated as a grant to the Coalition of Asian American Leaders. The grant is intended to support Asian Minnesotan women entrepreneurs and Asian-owned businesses through several key activities, including outreach, training, technical assistance, peer network development, and direct financial assistance. The funding is a one-time appropriation that will be available until June 30, 2027, which means the funds must be used or committed by that date. By targeting support for Asian American business owners, the bill aims to promote economic development and entrepreneurship within this specific community in Minnesota.

Committee Categories

Labor and Employment

Sponsors (3)

Last Action

Hearing (12:30:00 2/24/2025 ) (on 02/24/2025)

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