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MN HF5107
Bill
Status
Introduced
3/21/2024
Primary Sponsor
Hodan Hassan
Click for details
AI Summary
- Designates April 25 to May 25 as Underserved Business Month in Minnesota to recognize and promote economic growth in marginalized communities
- Defines underserved businesses as those owned by BIPOC individuals, veterans, and low-wealth individuals who have faced barriers in accessing credit, capital, and resources
- Authorizes the governor to promote and encourage observance of Underserved Business Month to educate the public
- Appropriates an unspecified amount from the workforce development fund in fiscal year 2025 to the commissioner of employment and economic development for grants to underserved businesses during the designated month
Legislative Description
Period from April 25 to May 25 established as Underserved Business Month, and money appropriated.
Last Action
Authors added Frazier and Hussein
4/4/2024
Committee Referrals
Workforce Development Finance and Policy3/21/2024
Full Bill Text
No bill text available