Minnesota HF4342 establishes a relief program for small businesses negatively impacted by federal enforcement activity.

Minnesota HF4342 establishes a relief program for small businesses negatively impacted by federal enforcement activity. The commissioner of employment and economic development must establish this program, which includes grants to eligible businesses. To qualify, businesses must have primary operations in Minnesota, be at least 50% owned by a Minnesota resident, operate from a permanent location, and demonstrate a 20% decline in revenue or sales. Grant funds can be used for payroll, rent, utilities, inventory, security upgrades, and working capital.

Minnesota HF4342 establishes a relief program for small businesses negatively impacted by federal enforcement activity.

Minnesota HF4342 establishes a relief program for small businesses negatively impacted by federal enforcement activity. The commissioner of employment and economic development must establish this program, which includes grants to eligible businesses. To qualify, businesses must have primary operations in Minnesota, be at least 50% owned by a Minnesota resident, operate from a permanent location, and demonstrate a 20% decline in revenue or sales. Grant funds can be used for payroll, rent, utilities, inventory, security upgrades, and working capital.