The bill, known as S.F. No. 1514, proposes that the state of Minnesota allocate $1,500,000 in 2026 to the Coalition of Asian American Leaders. This funding, sourced from the general fund, is intended to assist in supporting Asian Minnesotan women entrepreneurs and Asian-owned businesses. This support would include outreach, training, technical assistance, and the creation of a peer network as well as direct financial aid. The allocation is a one-time funding which will be available until June 30, 2027.