This bill amends the effective date of the Lake Mille Lacs area economic relief program, specifically regarding the forgiveness of loans issued under the program. The previous effective date, which stated that the section would expire on June 30, 2018, is replaced with a new provision that makes the section effective retroactively from June 30, 2018. This change allows for the continuation of the program's provisions beyond the original expiration date.

Additionally, the bill mandates that the commissioner of employment and economic development request Mille Lacs County to forgive all outstanding loans issued under the program. This includes the authority for the commissioner to modify any terms of the grant made to Mille Lacs County as necessary. This initiative aims to provide economic relief to the area by alleviating the burden of loan repayments for local entities.