SF2872 (Legislative Session 94 (2025-2026))
Isuroon grant appropriation
AI Generated Summary
Purpose of the Bill
The purpose of the bill is to support the construction of a new shelter facility in Minneapolis by providing financial assistance to a nonprofit organization named Isuroon.
Main Provisions
- Funding Allocation: The bill proposes the allocation of $10,000,000 from Minnesota's general fund.
- Beneficiary: The funds are to be provided as a grant to Isuroon, which is a recognized 501(c)(3) nonprofit organization.
- Project Scope: The grant is intended for the construction, furnishing, and equipping of the new shelter facility.
Significant Changes
- One-Time Appropriation: This funding is a one-time financial appropriation, meaning it will not recur in subsequent fiscal periods.
- Availability: The funds will remain available until the project is either completed or abandoned, following specific state legislative provisions.
Relevant Terms
- Capital investment
- Appropriation
- General fund
- Minneapolis
- Nonprofit organization
- Shelter facility
Bill text versions
- Introduction PDF file
Actions
Date | Chamber | Where | Type | Name | Committee Name |
---|---|---|---|---|---|
March 23, 2025 | Senate | Floor | Action | Introduction and first reading | |
March 23, 2025 | Senate | Floor | Action | Referred to | Capital Investment |