Money transferred for emerging entrepreneur loan program.

Summary

The bill moves $2,000,000 from Minnesota’s general fund into the Emerging Entrepreneur Loan Program’s special revenue fund for the 2027 fiscal year. The commissioner of employment and economic development may spend up to four percent of that amount on program administration and monitoring. It is a one‑time transfer aimed at supporting the loan program.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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