Minnesota business recovery loan program established, report required, and money appropriated.

Summary

The bill sets up a Minnesota Business Recovery Loan Program funded with $100 million for FY 2026. It provides zero‑interest loans to eligible small businesses that lost at least 30 % of revenue because of heightened immigration enforcement, with separate funding streams for the metro area and the rest of the state. The program aims to keep jobs and stabilize local economies.

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