SF2872 (Legislative Session 94 (2025-2026))
Isuroon grant appropriation
AI Generated Summary
Purpose of the Bill
The purpose of this bill is to allocate funds for capital investment, specifically providing financial support to a nonprofit organization for a shelter construction project in Minneapolis.
Main Provisions
- The bill proposes an appropriation from the general fund amounting to $10,000,000.
- The funds are designated for the fiscal year 2026.
- The appropriation is intended for the commissioner of employment and economic development to distribute a grant.
- The recipient of the grant is Isuroon, a recognized 501(c)(3) nonprofit organization.
- The grant is aimed at supporting the construction, furnishing, and equipping of a new shelter facility in Minneapolis.
- This grant is a one-time allocation and will remain available until the project is completed or abandoned, as per existing Minnesota law.
Significant Changes to Existing Law
- The bill introduces a specific allocation of funds to support a nonprofit organization for a construction project, which is a new appropriation not currently covered under existing allocations.
Relevant Terms
capital investment, grant, Isuroon, nonprofit organization, shelter facility, Minneapolis, appropriation, general fund, construction project, fiscal year 2026.
Bill text versions
- Introduction PDF file
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| March 24, 2025 | Senate | Action | Introduction and first reading | ||
| March 24, 2025 | Senate | Action | Referred to | Capital Investment |
Citations
[
{
"analysis": {
"added": [
"Clarifies the duration for which the appropriated funds are available."
],
"removed": [],
"summary": "The bill references the conditions under which appropriations are canceled under section 16A.642.",
"modified": []
},
"citation": "16A.642"
}
]Progress through the legislative process
In Committee