AI Generated Summary
Purpose of the Bill
The purpose of the bill is to support economic development efforts that enhance long-term economic self-sufficiency within communities in Minnesota, particularly those with significant populations from the African diaspora.
Main Provisions
- The bill allocates $3,000,000 for both fiscal years 2026 and 2027 from the workforce development fund to Youthprise.
- The funds are intended for grants to provide economic development services across Minnesota.
- At least 50% of the grant money must be allocated as subgrants to organizations serving communities located outside of the seven-county metropolitan area in Minnesota.
Significant Changes
- This bill introduces a one-time financial appropriation specifically targeted at fostering economic development in African diaspora communities and ensuring attention to both metropolitan and greater Minnesota areas.
Relevant Terms
- Youthprise
- Economic development
- Workforce development fund
- African diaspora
- Subgrants
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| March 13, 2025 | Senate | Action | Introduction and first reading | ||
| March 13, 2025 | Senate | Action | Referred to | Jobs and Economic Development | |
| Showing the 5 most recent stages. This bill has 2 stages in total. Log in to view all stages | |||||
Progress through the legislative process
In Committee
Sponsors
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