HF1506
Entrepreneur Fund grant funding provided, and money appropriated.
Legislative Session 94 (2025-2026)
Related bill: SF1945
AI Generated Summary
This bill, introduced in the Minnesota House of Representatives, appropriates $1,000,000 from the state's general fund for fiscal year 2026. The funds will be granted to the Entrepreneur Fund through the commissioner of employment and economic development. The purpose of the grant is to support the Entrepreneur Fund’s revolving loan funds, which aim to address unmet financing needs for for-profit business startups, expansions, and ownership transitions in northeast Minnesota. This appropriation is a one-time allocation.
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| February 26, 2025 | House | Action | Introduction and first reading, referred to | Workforce, Labor, and Economic Development Finance and Policy | |
| February 27, 2025 | House | Action | Author added | ||
| March 03, 2025 | House | Action | Author added | ||
| Showing the 5 most recent stages. This bill has 3 stages in total. Log in to view all stages | |||||
Progress through the legislative process
In Committee
Sponsors
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