1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for the Innovation Hub in the 
1.3 	city of Shakopee.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. APPROPRIATION; INNOVATION HUB.
 1.6 	$4,000,000 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 city of Shakopee to design, 
1.8 	construct, furnish, and equip the Innovation Hub, which will serve as a regional workforce 
1.9 	training and entrepreneur incubator facility. This appropriation is onetime and is available 
1.10 	until the project is completed or abandoned, subject to Minnesota Statutes, section 16A.642.

1.11 	EFFECTIVE DATE. This section is effective the day following final enactment.