The bill proposes an appropriation of funds to support economic development in greater Minnesota through the establishment of a business development public infrastructure grant program. Specifically, it allocates $2,500,000 for fiscal year 2026 and an additional $2,500,000 for fiscal year 2027 from the general fund to the commissioner of employment and economic development.

This funding is intended to enhance public infrastructure that supports business development in the region, as outlined in Minnesota Statutes, section 116J.431. The bill aims to bolster economic growth and improve the business environment in greater Minnesota by providing necessary financial resources for infrastructure projects.