1.1 	A bill for an act
1.2 	relating to economic development; appropriating money for the Expo 2027 host 
1.3 	organization.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. WORLD EXPO; APPROPRIATION.
 1.6 	$10,000,000 in fiscal year 2024 is appropriated from the general fund to the commissioner 
1.7 	of employment and economic development for a grant to the Bloomington Port Authority 
1.8 	to provide funding for the Expo 2027 host organization. The Bloomington Port Authority 
1.9 	must enter into an agreement with the host organization over the use of funds, which may 
1.10 	be used to finalize the community dossier and staff the host organization as well as for 
1.11 	infrastructure design and planning, financial modeling, and development planning and 
1.12 	coordination of both real estate and public private partnerships. The host organization may 
1.13 	be reimbursed for expenses 90 days prior to encumbrance. This appropriation is contingent 
1.14 	on approval of the project by the Bureau International des Expositions.