This bill establishes a relief program for small businesses in Minnesota that have been negatively impacted by federal enforcement activities between July 1, 2025, and February 28, 2026. The program, overseen by the commissioner of employment and economic development, will provide grants to operators of privately owned permanent indoor spaces that host retail spaces or food markets, have at least 25 tenant businesses with fewer than 20 employees, and have a cultural emphasis. Grants can be up to $250,000 per operator, with specific requirements for how the funds must be used, including a mandate that at least 50% of the grant be allocated to forgive existing tenants' rent. Eligible businesses must meet several criteria, including being primarily located in Minnesota and demonstrating a significant decline in revenue.

Additionally, the bill appropriates $100 million from the general fund for these small business relief grants, with specific allocations for different types of nonprofit organizations to facilitate the distribution of funds. The commissioner is required to submit a report by December 31, 2026, detailing the use of grant funds and their impact on economic development. The bill emphasizes transparency and accountability in the grant process, including a lottery system for awarding grants and stipulations on the eligible uses of the funds.