SF3807

Enterprise Minnesota, Inc. grant appropriation
Legislative Session 94 (2025-2026)

Related bill: HF4039

AI Generated Summary

Purpose

To provide funding by appropriating money to support a grant to Enterprise Minnesota Inc. The goal is to help directly invest in Minnesota manufacturers and to support the operations of Enterprise Minnesota under the Made in Minnesota program.

Key provisions

  • Establishes a onetime appropriation of 3,900,000 dollars for fiscal year 2027.
  • Source of funds: from the workforce development fund.
  • Recipient: Enterprise Minnesota Inc.
  • Use of funds:
    • To grant Enterprise Minnesota Inc. to directly invest in Minnesota manufacturers under the Made in Minnesota program.
    • To support the operations of Enterprise Minnesota.
  • Legal reference: uses the Made in Minnesota program under Minnesota Statutes section 116O.115.
  • Availability: the appropriation is onetime and is available until June 30 (year not specified in the excerpt).

Timing and administration

  • Administered by the commissioner of employment and economic development.
  • The funding is tied to the Made in Minnesota program and to activities of Enterprise Minnesota.

Significance and expected impact

  • Aims to bolster Minnesota manufacturing by providing capital for direct investments in manufacturers and by supporting the program’s operations.
  • Reflects continued state support for economic development initiatives through Enterprise Minnesota and the Made in Minnesota program.

Changes to existing law

  • No changes to statutes are specified in this excerpt; the bill provides a new, one-time appropriation using existing programs (Made in Minnesota) and statutory authority (116O.115).
  • paperwork and program structure remain aligned with current law, but with added funding to support these activities.

Agencies affected

  • Department of Employment and Economic Development (DEED)
  • Enterprise Minnesota Inc.

Fiscal details at a glance

  • Amount: $3,900,000
  • Fiscal year: 2027
  • Source: Workforce Development Fund
  • Purpose: Grant to Enterprise Minnesota Inc. for investments in Minnesota manufacturers and for Enterprise Minnesota operations

Potential implementation notes

  • Grantee must utilize funds consistent with the Made in Minnesota program and Minnesota Statutes 116O.115.
  • Since it is a one-time appropriation, planning should address how to apply or liquidate the funds by the June 30 deadline.

Relevant Terms - appropriation - onetime - workforce development fund - Department of Employment and Economic Development - Enterprise Minnesota Inc. - Made in Minnesota program - Minnesota Statutes section 116O.115 - Minnesota manufacturers - direct investment - operations of Enterprise Minnesota - fiscal year 2027 - grant

Bill text versions

Past committee meetings

Actions

DateChamberWhereTypeNameCommittee Name
February 23, 2026SenateActionIntroduction and first reading
February 23, 2026SenateActionReferred toJobs and Economic Development

Citations

 
[
  {
    "analysis": {
      "added": [
        "One-time appropriation of $3,900,000 from the workforce development fund for a grant to Enterprise Minnesota Inc. to invest in Minnesota manufacturers under the Made in Minnesota program."
      ],
      "removed": [],
      "summary": "This bill appropriates funds for a grant to Enterprise Minnesota Inc. to directly invest in Minnesota manufacturers under the Made in Minnesota program, referencing Minnesota Statutes section 116O.115.",
      "modified": []
    },
    "citation": "116O.115",
    "subdivision": ""
  }
]

Progress through the legislative process

17%
In Committee
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