Purpose of the Bill

The bill aims to support economic development in Minnesota, specifically through youth-focused initiatives. It seeks to allocate funds to programs that benefit young people in the state.

Main Provisions

• Funding Allocation: The bill proposes that $4,511,000 be appropriated from the state's general fund to the Commissioner of Employment and Economic Development.
• Duration: These funds are designated for use in fiscal year 2026 and are available for either year of the fiscal biennium, meaning they can be used flexibly across two years.
• Program Support: The funds are specifically designated for the Minnesota youth program, indicating a targeted investment in young people's employment and economic development.

Significant Changes to Existing Law

• This appropriation adds to the existing budget base for the Minnesota youth program, increasing its financial resources for ongoing and new projects aimed at youth economic development.

Relevant Terms

economic development, Minnesota youth program, funding appropriation, general fund, fiscal biennium, employment and economic development, youth initiatives.