The bill proposes an appropriation of $1,500,000 from the general fund for the fiscal year 2026 to support the Coalition of Asian American Leaders. This funding is intended to enhance outreach, training, technical assistance, peer network development, and provide direct financial assistance specifically for Asian Minnesotan women entrepreneurs and Asian-owned businesses.

This appropriation is characterized as a one-time funding initiative, with the allocated resources available until June 30, 2027. The bill aims to bolster economic development within the Asian American community in Minnesota by facilitating various forms of support for entrepreneurs and businesses in this demographic.