SF 584 Minnesota Senate · 2025-2026 Regular Session

Greater Minnesota business development public infrastructure grant program bond issue and appropriation

SF 584 appropriates $20 million in state bond proceeds to fund the Greater Minnesota Business Development Public Infrastructure Grant Program. The bill authorizes the state to sell up to $20 million in bonds to provide grants for public infrastructure projects supporting business development in Greater Minnesota (outside the Twin Cities metro area). These grants, administered by the commissioner of employment and economic development under Minnesota Statutes § 116J.431, directly benefit qualifying businesses and local communities seeking infrastructure improvements like roads, utilities, or site preparation. The funding mechanism is procedural, establishing the financial source for an existing program without creating new regulations or eligibility rules.
Sub-Topics: Debt & Bonds
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 23, 2025 Last action Jan 23, 2025
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Total actions
2
Key actions
0
Committee
1
Jan 23, 2025
Committee
Referred to Capital Investment
upper
Jan 23, 2025
Introduced
Introduction and first reading
upper
1 primary · 2 co-sponsors

Sponsors