This bill, Minnesota Senate File No. 2050, proposes an appropriation for rural economic development. It allocates $627,000 from the state's general fund for fiscal year 2026 to the commissioner of employment and economic development. The funds will be granted to Community and Economic Development Associates (CEDA) to provide technical assistance and economic development project grants to small communities in rural Minnesota.

The bill specifies that: - Technical assistance grants will be based on community need, prioritizing communities that cannot otherwise afford these services. - Up to $270,000 of the total appropriation may be used for economic development project implementation in conjunction with the technical assistance provided. - This appropriation is one-time funding and is meant to support tailored economic development initiatives for individual communities.