Legislative Session number- 88

Bill Name: SF2492

"Minnesota New Markets Job Act"; providing capital for business growth in
economically distressed areas; defining certain terms; establishing tax credit
opportunity; providing for transferability and the certification of qualified
investments; specifying certain instances when tax credits and penalties are
disallowed; providing for a refundable performance fee and the preapproval of
investments under certain conditions; specifying certain prohibited uses of
proceeds
(me)