This bill modifies an existing appropriation to allocate funds specifically for a capacity building grant to GiveMN, aimed at enhancing financial stability within targeted populations. It designates $2,000,000 from the fiscal year 2025 budget for this purpose, as part of the broader capacity building grants outlined in previous legislation.

The bill emphasizes collaboration with community-based organizations as defined in Minnesota Statutes, ensuring that the funds are directed towards initiatives that support economic development and stability in the community. This targeted approach aims to strengthen the capacity of GiveMN to effectively serve and uplift these populations.