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SF 1785

as introduced - 93rd Legislature (2023 - 2024) Posted on 02/17/2023 10:17am

KEY: stricken = removed, old language.
underscored = added, new language.
Version List Authors and Status
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Current Version - as introduced

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A bill for an act
 relating to economic development; expanding the greater Minnesota business
development public infrastructure grant program; amending Minnesota Statutes
2022, section 116J.431, subdivision 2.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

Minnesota Statutes 2022, section 116J.431, subdivision 2, is amended to read:


Subd. 2.

Eligible projects.

(a) An economic development project for which a county or
city may be eligible to receive a grant under this section includes:

(1) manufacturing;

(2) technology;

(3) warehousing and distribution;

(4) research and development;

(5) agricultural processing, defined as transforming, packaging, sorting, or grading
livestock or livestock products into goods that are used for intermediate or final consumption,
including goods for nonfood use; deleted text begin or
deleted text end

(6) industrial park development that would be used by any other business listed in this
subdivision even if no business has committed to locate in the industrial park at the time
the grant application is madenew text begin ; or
new text end

new text begin (7) commercial developmentnew text end .

(b) Up to 15 percent of the development of a project may be for a purpose that is not
included under this subdivision as an eligible project. A city or county must provide notice
to the commissioner for the commissioner's approval of the proposed project.