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

Actions

DateChamberWhereTypeNameCommittee Name
March 23, 2025SenateFloorActionIntroduction and first reading
March 23, 2025SenateFloorActionReferred toCapital Investment