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MN SF2598

Bill

Status

Introduced

3/12/2014

Primary Sponsor

Tom Saxhaug

Click for details

Origin

Senate

88th Legislature 2013-2014

AI Summary

  • Appropriates $500,000 from the general fund in fiscal year 2015 to the Commissioner of Employment and Economic Development for grants to small business development centers under Minnesota Statutes, section 116J.68.

  • Permits funds to be used as matching money for the federal Small Business Development Center (SBDC) program under 15 U.S.C. § 648.

  • Allows funds to support consulting and technical services or build additional SBDC network capacity to serve entrepreneurs and small businesses.

  • Requires the commissioner to allocate funds equally among the nine regional centers and lead center.

  • Designates this as a onetime appropriation available until expended.

Legislative Description

Small business development center program appropriation

Last Action

Referred to Finance

3/12/2014

Committee Referrals

Finance3/12/2014

Full Bill Text

No bill text available