The bill S.F. No. 5289 is a comprehensive legislative initiative aimed at enhancing economic development and workforce training in Minnesota. It proposes various appropriations to support small businesses, workforce development, and community engagement, including significant funding for organizations that assist underrepresented populations. Key allocations include $5 million for the Bloomington Port Authority for Expo 2027, $1 million for the Hmong American Partnership to expand job training, and $5,647,000 for grants to support cultural festivals. The bill emphasizes accountability by mandating reporting requirements for grant recipients and ensuring that funds are directed towards their intended purposes.

Additionally, the bill introduces new legal language to update and clarify provisions related to economic development and workforce initiatives, specifically in Minnesota Statutes chapters 116J, 116M, and 116U. It repeals outdated sections, such as 116J.439, to streamline the legal framework. The bill also establishes new programs, including the Shakopee Area Workforce Development Scholarships and the Minnesota Expanding Opportunity Fund Program, aimed at supporting minority-owned businesses and addressing economic disparities. Overall, the bill seeks to modernize Minnesota's economic development laws and enhance opportunities for vulnerable populations across the state.

Statutes affected:
Introduction: 116J.439
1st Engrossment: 116J.439, 116U.26, 116U.27
2nd Engrossment: 116U.26, 116U.27, 116J.439
3rd Engrossment: 116U.26, 116U.27, 116J.439
4th Engrossment: 116U.26, 116U.27, 268.035, 116J.439, 155A.27, 326.10, 116L.17, 116J.8731, 116J.8748, 116J.435, 116J.5492, 116M.18, 268A.11
1st Unofficial Engrossment: 116J.435, 116J.5492, 116M.18, 116U.26, 116U.27, 116J.8748, 268.035, 116L.17
CCR-SF5289: 116U.26, 116U.27, 268.035, 116J.439, 155A.27, 326.10, 116L.17, 116J.8731, 116J.8748, 116J.435, 116J.5492, 116M.18, 268A.11