The bill establishes a Veteran Relocation Bonus Program aimed at supporting veterans who have been involuntarily terminated from federal employment. It defines key terms, including "eligible veteran," who must meet specific criteria such as being a veteran, having lost federal employment after January 20, 2025, and establishing residency in Minnesota before January 1, 2027. The program, overseen by the commissioner of employment and economic development, will provide relocation bonuses of $10,000 to qualifying veterans who secure employment in Minnesota.

Additionally, the bill mandates that the commissioner submit a report to the legislature by March 1, 2027, detailing the program's outcomes. To fund this initiative, the bill appropriates $6,000,000 from the workforce development fund for fiscal year 2026, with a portion allocated for outreach to eligible veterans. This funding is available until June 30, 2027, ensuring that the program can effectively promote its benefits to the targeted population.