Minnesota SF 5197: Duluth office of the Local Initiatives Support Corporation grant appropriation

Bill Text

1.1 A bill for an act​
1.2 relating to economic development; appropriating money for a grant to the Duluth​
1.3 office of the Local Initiatives Support Corporation.​
1.4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:​
1.5 Section 1. APPROPRIATION; LOCAL INITIATIVES SUPPORT CORPORATION​
1.6 - DULUTH.​
1.7 $1,500,000 in fiscal year 2027 is appropriated from the general fund to the commissioner​
1.8 of employment and economic development for a grant to the Duluth office of the Local​
1.9 Initiatives Support Corporation to advance equitable economic development in northeast​
1.10 Minnesota by strengthening community-based organizations, enhancing commercial corridor​
1.11 vitality and economic development, and expanding access to resources and technical​
1.12 assistance through the Entrepreneurial Ecosystem Network. Grant money may be used for​
1.13 workshops, community and organizational networking and learning experiences, staff​
1.14 resources, leveraging additional grant dollars, and as lending capital. This is a onetime​
1.15 appropriation.​
1​Section 1.​
26-07785 as introduced​03/10/26 REVISOR SS/EH​
SENATE​
STATE OF MINNESOTA​
S.F. No. 5197​NINETY-FOURTH SESSION​
(SENATE AUTHORS: MCEWEN)​
OFFICIAL STATUS​D-PG​DATE​
Introduction and first reading​8963​04/22/2026​
Referred to Jobs and Economic Development​