Minnesota HF4097 transfers $2,000,000 to the emerging entrepreneur loan program for fiscal year 2027.

Minnesota HF4097 involves a transfer of $2,000,000 from the general fund to the emerging entrepreneur loan program special revenue fund account. This transfer is designated for fiscal year 2027 and is a onetime allocation. The commissioner of employment and economic development is authorized to use up to four percent of this transfer for administrative and monitoring purposes related to the program.

Minnesota HF4097 transfers $2,000,000 to the emerging entrepreneur loan program for fiscal year 2027.

Minnesota HF4097 involves a transfer of $2,000,000 from the general fund to the emerging entrepreneur loan program special revenue fund account. This transfer is designated for fiscal year 2027 and is a onetime allocation. The commissioner of employment and economic development is authorized to use up to four percent of this transfer for administrative and monitoring purposes related to the program.