Minnesota SF4492 allows small businesses with private paid leave plans to receive grants for hiring temporary workers or increasing wages for current.
Minnesota SF4492 amends the state statutes to allow small businesses with 30 or fewer employees and a private paid leave plan to receive assistance grants. The grants can be used to hire temporary workers or increase wages for current employees. The maximum total grant per eligible employer in a calendar year is $6,000. To be eligible, employers must submit documentation attesting to the need for the grant. The commissioner may award grants up to a maximum of $5,000,000 per calendar year from the family and medical benefit insurance account.
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