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MN HF4749

Bill

Status

Introduced

4/4/2022

Primary Sponsor

Athena Hollins

Click for details

Origin

House of Representatives

92nd Legislature 2021-2022

AI Summary

  • Appropriates $200,000,000 in fiscal year 2023 to the Commissioner of Employment and Economic Development for grants to nonprofits experiencing financial hardship from the COVID-19 pandemic, with half allocated to the seven-county metropolitan area and half to areas outside it.

  • Eligible nonprofits must be 501(c)(3) public charities located in Minnesota, registered with the Secretary of State with no tax liens, and prove COVID-19 financial hardship through a 10% revenue decline, 10% expense increase, or direct impact from executive orders, but cannot be hospitals, private schools, credit unions, houses of worship, or institutions of higher education.

  • Establishes six grant categories with specific funding percentages and award amounts ranging from $50,000 to $150,000 per grant, including priority allocations for nonprofits outside the metro area, human services organizations by revenue tier, and culturally specific organizations.

  • Grants may be used for working capital including payroll, rent, mortgage, utilities, and similar regular operating expenses; requires a randomized selection process administered through the Saint Paul & Minnesota Foundation and six Minnesota Initiative Foundations as intermediaries.

  • Commissioner must submit a report by December 31, 2023 on fund use; any funds not awarded by June 20, 2023 must be returned to the general fund; grants are exempt from certain state procurement and bidding statutes.

Legislative Description

Nonprofit relief grant program established, report required, and money appropriated.

Last Action

Author added Becker-Finn

4/7/2022

Committee Referrals

Workforce and Business Development Finance & Policy4/4/2022

Full Bill Text

No bill text available