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MN HF2254

Bill

Status

Introduced

2/25/2014

Primary Sponsor

Karen Clark

Click for details

Origin

House of Representatives

88th Legislature 2013-2014

AI Summary

  • Appropriates $950,000 in fiscal year 2015 from the general fund to the commissioner of employment and economic development for a grant to the Neighborhood Development Center's small business incubator program
  • Allocates $400,000 for capital improvements to existing small business incubators
  • Allocates $300,000 for technical assistance to business entities operating within small business incubators
  • Allocates $250,000 to create and operate a small business incubator revolving fund to assist in acquisition and development of property for additional small business incubators
  • Funds are available until expended as a onetime appropriation

Legislative Description

Small business incubators capital improvements provided, neighborhood development center small business incubator revolving fund established, and money appropriated.

Last Action

Author added Allen

3/13/2014

Committee Referrals

Jobs and Economic Development Finance and Policy2/25/2014

Full Bill Text

No bill text available