This bill appropriates funds for construction mitigation grants aimed at supporting businesses adversely affected by construction on marked Trunk Highway 61 in Two Harbors, Minnesota. The bill designates a specific amount of money from the general fund for fiscal year 2027, which will be available until June 30, 2029. The commissioner of employment and economic development, in collaboration with the commissioner of transportation, is tasked with establishing a grant program for qualified businesses that meet certain criteria, including having no more than 100 employees, being located within the 55616 zip code, and experiencing impairment due to the construction project.

Additionally, the bill outlines the permissible uses of the financial assistance, which can cover employee payroll, operating, or facilities expenses, but explicitly prohibits the use of funds for bonuses, new equipment, or construction. The commissioner is also allowed to allocate up to five percent of the appropriation for administrative costs. Furthermore, a report detailing the grants awarded, including business names, addresses, types, and amounts, must be submitted to relevant legislative committees by January 15, 2029.