HF1602 (Legislative Session 94 (2025-2026))
Latino Economic Development Center grant funding provided, and money appropriated.
Related bill: SF922
AI Generated Summary
The bill H.F. No. 1602 proposes an appropriation of $2,000,000 in fiscal years 2026 and 2027 from the workforce development fund to the Commissioner of Employment and Economic Development for a grant to the Latino Economic Development Center (LEDC).
The grant funds would be used to:
- Support, finance, and assist microentrepreneurs.
- Provide training workshops and one-on-one consultations for businesses.
- Support capacity building and general operations of the LEDC.
- Help prospective entrepreneurs by introducing them to key business concepts.
- Foster career pathways in trades, green lending, technology, coding, STEM fields, translation services, and manufacturing.
The bill aims to promote entrepreneurship and workforce development for Latino and other underserved communities in Minnesota.
Bill text versions
- Introduction PDF file
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| February 25, 2025 | House | Floor | Action | Introduction and first reading, referred to | Workforce, Labor, and Economic Development Finance and Policy |
| February 25, 2025 | House | Floor | Action | Introduction and first reading, referred to | Workforce, Labor, and Economic Development Finance and Policy |