African Development Center grant funding provided for forgivable loans to small businesses impacted by Operation Metro Surge, report required, and money appropriated.
Introduction and first reading, referred to Workforce, Labor, and Economic Development Finance and Policy
Summary
The bill earmarks $3 million from the 2026 general fund for the African Development Center to run a forgivable‑loan program. It targets Minnesota small businesses (50 or fewer employees) that suffered revenue loss, closures, or other disruption due to the federal Operation Metro Surge immigration enforcement. The loans can be used for rent, utilities, payroll, inventory replacement, or other working‑capital needs, and must be reported back to the legislature.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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