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Bill > HF3263


MN HF3263

Asian Economic Development Association funding provided, and money appropriated.


summary

Introduced
04/28/2025
In Committee
04/28/2025
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

A bill for an act relating to workforce development; appropriating money to the Asian Economic Development Association.

AI Summary

This bill appropriates $1,200,000 from the workforce development fund to the Minnesota commissioner of employment and economic development, specifically designating the funds as a grant to the Asian Economic Development Association (AEDA). The grant is intended to support AEDA's collaboration with the coalition of Minnesota Asian Building Trades Entrepreneurs (MABTE) and related firms, with the goal of helping these businesses grow through training, hiring, and capacity-building initiatives. The funding is a one-time appropriation for fiscal year 2026 and will remain available until June 30, 2027, which provides the organization with flexibility in using the funds over approximately one year. By targeting support for Asian-owned businesses in the building trades sector, the bill aims to enhance workforce development and economic opportunities for a specific community of entrepreneurs in Minnesota.

Committee Categories

Labor and Employment

Sponsors (1)

Last Action

Introduction and first reading, referred to Workforce, Labor, and Economic Development Finance and Policy (on 04/28/2025)

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