Loan guarantee program created for furloughed federal employees, and money appropriated.

Summary

The bill establishes a Federal Employee Personal Loan Guarantee Program administered by the commissioner of employment and economic development. It lets eligible Minnesota residents who were furloughed from federal jobs obtain unsecured personal loans that the state will fully guarantee for a limited time after the shutdown ends. The goal is to give those workers short‑term financial relief while the federal government resumes funding.

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

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