Introduction and first reading, referred to Workforce, Labor, and Economic Development Finance and Policy
Summary
The legislation amends Minnesota’s 2025 budget to terminate the existing appropriations for the PROMISE grant program, lowering the overall Business and Community Development allocation. The released funds are reassigned to a list of specified programs, such as infrastructure grants, small‑business assistance, contaminated‑site cleanup, child‑care initiatives, and the state’s job creation and investment funds. The change is intended to shift state resources toward these targeted priorities.
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