This bill establishes a new Prenatal and Newborn Benefit Program in Minnesota, aimed at providing financial support to families with newborns. The program will offer a one-time prenatal benefit of $1,500 and monthly payments of $750 for up to 24 months for eligible families. To qualify, applicants must be Minnesota residents and have a legal relationship to a newborn born on or after January 1, 2028. Notably, eligibility is not contingent on income, assets, or employment status. The bill outlines the application process, which can be completed online, by mail, or in person, and specifies the documentation required to support applications for both prenatal and newborn benefits.

Additionally, the bill includes provisions for cost-of-living adjustments to benefit payments starting July 1, 2030, and ensures that these cash payments will not affect eligibility for other assistance programs. The commissioner of employment and economic development is authorized to adopt rules for program administration and is required to conduct public outreach to inform families about the benefits available. An appropriation from the general fund is also included to support the program's implementation and administration, with funds allocated for outreach and evaluation efforts. The effective date for the program is set for January 1, 2028.