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MN HF4532

Bill

Status

Introduced

3/4/2024

Primary Sponsor

Dave Lislegard

Click for details

Origin

House of Representatives

93rd Legislature 2023-2024

AI Summary

HF 4532 Summary

  • Appropriates $1,000,000 from the general fund in fiscal year 2025 to the Commissioner of Employment and Economic Development for a grant to the Entrepreneur Fund
  • Grant funds are designated to capitalize the Entrepreneur Fund's revolving loan funds
  • Targets unmet financing needs in northeast Minnesota for for-profit business startups, expansions, and ownership transitions
  • Designated as a onetime appropriation

Legislative Description

Entrepreneur Fund grant funding provided, and money appropriated.

Last Action

Author added Kozlowski

5/20/2024

Committee Referrals

Economic Development Finance and Policy3/4/2024

Full Bill Text

No bill text available