SF3521 (Legislative Session 94 (2025-2026))
Boundary Waters Canoe Area staffing grants appropriation
Related bill: HF3310
AI Generated Summary
Purpose of the Bill
The purpose of this bill is to support economic development in communities around the Boundary Waters Canoe Area by providing grants that fund staff to issue entry permits for visitors. The bill aims to facilitate easier access for tourists, thereby benefiting local businesses through increased visitor traffic.
Main Provisions
- The bill allocates $250,000 from the general fund for the fiscal year 2026.
- These funds are to be distributed as grants by the commissioner of Employment and Economic Development.
- Grants are given on a first-come, first-served basis to businesses in communities adjacent to the Boundary Waters Canoe Area.
- Each business can receive a maximum grant of $15,000.
Significant Changes to Existing Law
- The grant money received by businesses under this bill is treated as a "subtraction," meaning it is excluded from certain types of taxable income. The bill aligns with specific sections of Minnesota Statutes to ensure this exclusion.
- By providing these grants, the bill modifies how entry permit issuing is financially supported for the businesses involved.
Relevant Terms
- Economic development
- Grants
- Boundary Waters Canoe Area
- Entry permits
- Local businesses
- Tax subtraction
Bill text versions
- Introduction PDF file
Actions
Date | Chamber | Where | Type | Name | Committee Name |
---|---|---|---|---|---|
May 16, 2025 | Senate | Floor | Action | Introduction and first reading | |
May 15, 2025 | Senate | Floor | Action | Introduction and first reading | |
May 16, 2025 | Senate | Floor | Action | Introduction and first reading | |
May 16, 2025 | Senate | Floor | Action | Referred to | Jobs and Economic Development |
May 15, 2025 | Senate | Floor | Action | Referred to | Jobs and Economic Development |
Citations
[ { "analysis": { "added": [], "removed": [], "summary": "Defines 'subtraction' for the purpose of grants under this section.", "modified": [] }, "citation": "290.0132", "subdivision": "subdivision 1" }, { "analysis": { "added": [], "removed": [], "summary": "Provides definitions pertinent to the section.", "modified": [] }, "citation": "290.01", "subdivision": "" }, { "analysis": { "added": [], "removed": [], "summary": "Excludes grants from being considered as income.", "modified": [] }, "citation": "290A.03", "subdivision": "subdivision 3" } ]