Bill > SF1550

This bill appropriates $6.8 million from the Minnesota state general fund in fiscal year 2026 to the commissioner of employment and economic development, specifically for a grant to ANZ Inc. to support a comprehensive community project in Cosmos. The grant will fund the design, construction, renovation, furnishing, and equipping of a multifamily housing facility located at 130 Neptune Street North. The facility is designed to serve multiple community needs, including providing supportive services for senior citizens, establishing a child care center for young children not yet in kindergarten, and creating an after-school and weekend programming space for school-aged children. The funding is designated as a one-time appropriation and will remain available until the project is either completed or abandoned, in accordance with state financial regulations. The bill's effective date is the day following its final enactment, ensuring immediate implementation of the appropriation once approved by the legislature.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF1550&ssn=0&y=2025