The bill proposes an appropriation of $700,000 from the general fund for the fiscal year 2024, specifically allocated to the commissioner of employment and economic development. This funding is intended for a grant to YWCA St. Paul, aimed at supporting a strategic intervention program that focuses on connecting participants to meaningful and sustainable living wage employment opportunities.

This appropriation is characterized as a one-time funding initiative, emphasizing the targeted approach of the program to enhance economic development and employment outcomes for individuals involved. The bill underscores the state's commitment to fostering economic growth through strategic partnerships with organizations like YWCA St. Paul.