Omnibus bill repeals unfunded economic development programs and amends statutes to modify grant and loan criteria.

The bill repeals several unfunded programs related to economic development and environmental policy in Minnesota. It amends statutes to change the criteria for grants and loans, ensuring they are not solely based on certain conditions but must also meet other specified criteria. The bill also modifies the use of the clean water revolving fund and establishes a tourism revolving loan program. Additionally, it creates a fast-action economic response team to assist businesses at risk of relocating or expanding outside the state.

Omnibus bill repeals unfunded economic development programs and amends statutes to modify grant and loan criteria.

The bill repeals several unfunded programs related to economic development and environmental policy in Minnesota. It amends statutes to change the criteria for grants and loans, ensuring they are not solely based on certain conditions but must also meet other specified criteria. The bill also modifies the use of the clean water revolving fund and establishes a tourism revolving loan program. Additionally, it creates a fast-action economic response team to assist businesses at risk of relocating or expanding outside the state.