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MN HF4098

Bill

Status

Introduced

3/7/2022

Primary Sponsor

Rena Moran

Click for details

Origin

House of Representatives

92nd Legislature 2021-2022

AI Summary

  • Appropriates $2,500,000 from the general fund in fiscal year 2023 to the commissioner of employment and economic development
  • Grant funding directed to a historically Black-owned and led nonprofit organization providing wealth education and services to Black women
  • Funded organization must provide business technical support, professional development, and financial assistance to participants
  • Funds support economic structures designed to educate, mobilize, and equip Black women with tools to build generational wealth
  • This is a onetime appropriation

Legislative Description

Nonprofit organizations provided funding to build and invest in economic structures that educate, mobilize, and equip Black women with the necessary tools to build, retain, and strengthen the capacity to build wealth; and money appropriated.

Last Action

Author added Olson, L.

3/24/2022

Committee Referrals

Workforce and Business Development Finance & Policy3/7/2022

Full Bill Text

No bill text available