HF1957 (Legislative Session 94 (2025-2026))

Minnesota Technology Association grant funding provided, and money appropriated.

Related bill: SF2112

AI Generated Summary

This bill proposes an appropriation of $1,000,000 in fiscal year 2026 and $1,000,000 in fiscal year 2027 from Minnesota's general fund to the commissioner of employment and economic development for a grant to the Minnesota Technology Association. The grant will support the SciTech internship program, which provides STEM (science, technology, engineering, and math) internship opportunities for students from two-year and four-year colleges, as well as graduate students.

Key provisions of the bill include:
- Internships must be paid and take place in Minnesota-based small for-profit companies (fewer than 250 employees worldwide).
- The grant will cover 50% of the wages paid to interns, with a maximum reimbursement of $3,000 per intern.
- The program aims to increase participation among women and other underserved populations.
- The appropriation is a one-time funding allocation.

The bill has been referred to the Committee on Workforce, Labor, and Economic Development Finance and Policy for further consideration.

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
March 05, 2025HouseFloorActionIntroduction and first reading, referred toWorkforce, Labor, and Economic Development Finance and Policy
March 05, 2025HouseFloorActionIntroduction and first reading, referred toWorkforce, Labor, and Economic Development Finance and Policy
March 09, 2025HouseFloorActionAuthor added
March 19, 2025HouseFloorActionAuthor added