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MN SF3827
Bill
Status
Introduced
3/26/2018
Primary Sponsor
Foung Hawj
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AI Summary
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Appropriates $3,000,000 from the general fund in fiscal year 2019 to the Commissioner of Employment and Economic Development for small business development in East St. Paul.
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$500,000 of the appropriation is designated for a revolving loan fund for small businesses.
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Remaining $2,500,000 is allocated for competitive grants to small businesses in East St. Paul.
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Funds support community small business development initiatives.
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This is a one-time appropriation.
Legislative Description
East St. Paul small business development revolving loan fund and competitive grants appropriation
Last Action
Referred to Jobs and Economic Growth Finance and Policy
3/26/2018
Committee Referrals
Jobs and Economic Growth Finance and Policy3/26/2018
Full Bill Text
No bill text available