HF 367
Introduction - 91st Legislature (2019 - 2020)
Posted on 01/28/2019 04:26 p.m.
KEY: stricken = removed, old language.
underscored = added, new language.
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A bill for an act
relating to commerce; appropriating money for loan resolution and financial stability
programs.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Section 1. new text begin EXODUS LENDING; APPROPRIATION.
new text end
new text begin
$100,000 in fiscal year 2020 is appropriated from the general fund to the commissioner
of commerce for a grant to Exodus Lending to assist individuals in reaching financial stability
and resolving payday loans. This is a onetime appropriation and funds are available until
June 30, 2022.
new text end