This bill appropriates a total of $1,360,000 from the general fund for the fiscal years 2026 and 2027 to support Rethos, a nonprofit organization focused on economic development. Specifically, it allocates $680,000 for each fiscal year to the commissioner of employment and economic development for a grant aimed at enhancing the Main Street America - Minnesota program. The funding will facilitate various activities, including outreach, engagement, training, education, reporting, program evaluation, and efforts to reduce financial barriers for program participation.

Additionally, the bill stipulates that $230,000 of the total appropriation must be designated for technical assistance grants to local Main Street America organizations. These grants will be distributed based on criteria and processes established by Rethos, ensuring that local organizations receive the necessary support to effectively participate in the program.