Establishes a Minnesota financial opportunity grant pilot program to provide regular and predictable financial assistance.

The bill establishes a Minnesota financial opportunity grant pilot program to provide regular and predictable financial assistance. Eligible recipients must attest to their need and be receiving public benefits or have a household income less than or equal to 300 percent of the federal poverty guidelines. The commissioner must establish a financial opportunity community of practice to provide regular training and technical assistance to grantees. The commissioner must also identify at least one independent, research-based entity to evaluate the program.

Establishes a Minnesota financial opportunity grant pilot program to provide regular and predictable financial assistance.

The bill establishes a Minnesota financial opportunity grant pilot program to provide regular and predictable financial assistance. Eligible recipients must attest to their need and be receiving public benefits or have a household income less than or equal to 300 percent of the federal poverty guidelines. The commissioner must establish a financial opportunity community of practice to provide regular training and technical assistance to grantees. The commissioner must also identify at least one independent, research-based entity to evaluate the program.