The bill establishes a Veteran Relocation Bonus Program aimed at supporting veterans who have been involuntarily terminated from federal employment. It defines "eligible veteran" as someone who meets specific criteria, including being a veteran, having lost their federal job after January 20, 2025, establishing residency in Minnesota before January 1, 2027, and securing a job in Minnesota for at least 20 hours a week. The program, overseen by the commissioner of employment and economic development, will provide relocation bonuses of $10,000 to qualifying veterans who apply using a designated form.

Additionally, the bill mandates that the commissioner submit a report on the program's progress to legislative committees by March 1, 2027. To fund this initiative, the bill appropriates $6,000,000 from the workforce development fund for fiscal year 2026, with $50,000 allocated specifically 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 veteran population.