Bill

Bill > HF1416


MN HF1416

Availability for relocation grants extended.


summary

Introduced
02/24/2025
In Committee
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 administered by the Minnesota Commissioner of Employment and Economic Development. Specifically, the bill requires the commissioner to reissue a request for proposal for these grants that were originally established in a previous legislative session (Laws 2024, chapter 120, article 1, section 2, paragraph (i)). The commissioner is also mandated to make concerted efforts to conduct outreach and provide technical assistance to businesses that are eligible for these grants. The key change is the extension of the appropriation for these grants until June 30, 2026, which gives businesses more time to apply for and potentially receive relocation assistance. This extension suggests the state wants to continue supporting business mobility and economic development by providing financial resources to help businesses relocate.

Committee Categories

Labor and Employment

Sponsors (2)

Last Action

Hearing (08:15:00 2/27/2025 ) (on 02/27/2025)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...