SF381

Senate File No. 381 is a legislative bill proposed in Minnesota that involves allocating money from the state's general fund for a specific project. This bill earmarks $400,000 in the fiscal year 2026 to the Commissioner of Employment and Economic Development. This sum will be provided as a grant to the Dayton Economic Development Authority. The purpose of this grant is to acquire real estate in Dayton's Historic Village area. The aim of acquiring this land is to redevelop it in a way that would be economically beneficial and serve public goals. The bill specifies that this appropriation will remain available until the project for which the land is acquired is either completed or officially abandoned, according to specific state laws.