The bill establishes a Minnesota Business Recovery Loan Program aimed at assisting businesses adversely affected by increased immigration enforcement starting December 1, 2025. It includes a one-time transfer of $100 million from the Minnesota forward fund account to the Minnesota business recovery loan account, with specific allocations for grants to the Minnesota Initiative Foundations and nonprofit corporations to provide zero-interest loans. The program outlines eligibility criteria for businesses, including location, ownership, and revenue loss, and sets maximum loan amounts based on annual gross receipts. Additionally, it mandates that partner organizations administer the loans and conduct outreach to diverse communities.

Furthermore, the bill appropriates $250,000 for a comprehensive analysis of the economic impact of increased immigration enforcement on Minnesota's businesses and economy, with a report due by February 1, 2027. It also cancels a previous appropriation of $100,250,000 from the Minnesota forward fund account and includes a one-time transfer of $250,000 to the general fund. The program is set to expire on December 1, 2033, with reporting requirements established for partner organizations and the commissioner of employment and economic development to ensure accountability and transparency.