summary
Introduced
02/24/2025
02/24/2025
In Committee
02/24/2025
02/24/2025
Crossed Over
Passed
Dead
Introduced Session
94th Legislature 2025-2026
Bill Summary
A bill for an act relating to economic development; extending availability for relocation grants.
AI Summary
This bill extends the availability of relocation grants originally established in a previous legislative session (Laws 2024, chapter 120). Specifically, the bill requires the commissioner of employment and economic development to reissue a request for proposal for these relocation grants and make concerted efforts to conduct outreach and provide technical assistance to businesses that are eligible for the grants. The key change is that the original appropriation for these grants, which was set to expire at an earlier date, will now be available until June 30, 2026, effectively giving businesses more time to apply for and receive relocation assistance. This extension suggests a recognition that businesses may need additional support or time to take advantage of these economic development grants.
Committee Categories
Labor and Employment
Sponsors (2)
Last Action
Referred to Jobs and Economic Development (on 02/24/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF1762&ssn=0&y=2025 |
BillText | https://www.revisor.mn.gov/bills/text.php?number=SF1762&version=0&session=ls94&session_year=2025&session_number=0&format=pdf |
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