The bill amends Minnesota Statutes 2024, section 116J.3952, subdivision 2, to modify the matching requirements for the lower population density grant program. Specifically, it increases the percentage of total project costs that grants can fund from 75% to 90%. This change aims to provide greater financial support for projects in areas with lower population density, facilitating improved broadband access.
Additionally, the bill includes an effective date for this amendment, stating that it will take effect on August 1, 2025. This timeline allows for the necessary adjustments to be made in the administration of the grant program to accommodate the new funding percentage.
Statutes affected: Introduction: 116J.3952