SF1338 (Legislative Session 94 (2025-2026))

Innovation Hub in Shakopee appropriation

Related bill: HF1274

AI Generated Summary

Senate File No. 1338 is a bill in Minnesota that, if passed, will allocate $4,000,000 from the state's general fund in the fiscal year 2025. This money will be given to the commissioner of employment and economic development to fund a grant for the city of Shakopee. The purpose of the grant is to design, build, furnish, and equip the Innovation Hub. The Innovation Hub is intended to be a facility focused on workforce training and supporting new entrepreneurs. The funding is a one-time allocation and must be used until the project is completed or abandoned, in line with specific state law requirements.

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
February 12, 2025SenateFloorActionIntroduction and first reading
February 12, 2025SenateFloorActionReferred toCapital Investment

Citations

 
[
  {
    "analysis": {
      "added": [
        "Specifies the appropriation availability until project completion or abandonment."
      ],
      "removed": [],
      "summary": "This bill includes a provision subject to existing Minnesota Statutes section 16A.642 regarding appropriation use.",
      "modified": []
    },
    "citation": "16A.642"
  }
]