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HF 2495

InspireMSP grant provided, and money appropriated.

2025-2026 Regular Session Introduced by Cedrick Frazier

Creates an InspireMSP grant program and appropriates funds to DEED to administer grants.

Introduction and first reading, referred to Workforce, Labor, and Economic Development Finance and Policy
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Bill Summary · HF 2495

Summary of HF 2495 — InspireMSP Grant Provided, and Money Appropriated

Overview

HF 2495 is a newly introduced Minnesota House bill introduced on March 17, 2025. The bill’s subject matter is appropriations, specifically involving the Employment and Economic Development Department (DEED). The companion Senate bill is SF 2569.

  • Bill: HF 2495
  • Title: InspireMSP grant provided, and money appropriated
  • Status: Introduction and first reading; referred to the Committee on Workforce, Labor, and Economic Development Finance and Policy
  • Introduced: March 17, 2025
  • Related: SF 2569 (companion)

Purpose and Intent

  • The bill aims to authorize a grant program named “InspireMSP” and appropriate funds to support that program.
  • While the bill’s exact objectives are not specified in the summary, the title indicates a funding mechanism intended to support InspireMSP-related activities. The precise goals, eligibility criteria, grant sizes, and performance expectations would be detailed in the bill text and any accompanying committee materials.

Key Provisions (as indicated by the bill’s title and status)

  • Creation or authorization of an InspireMSP grant program.
  • Allocation of state funds to DEED for the purpose of awarding these grants.
  • Administration of the grants by the Department of Employment and Economic Development (DEED).
  • Details on eligibility, grant terms, application processes, reporting requirements, and sunset provisions are not provided in the summary and would be specified in the bill’s text.
  • Any follow-up provisions (e.g., matching requirements, reporting to the Legislature, annual appropriation cycles) would be determined through the bill language and potential amendments.

Who Is Affected

  • Primary administrator: Minnesota Department of Employment and Economic Development (DEED), which would administer the InspireMSP grants.
  • Potential grant recipients: organizations, entities, or programs eligible under the InspireMSP criteria (not specified here). The exact eligible entities and sectors would be defined in the bill.
  • The Legislature, through budgetary timelines and reporting, would receive updates on the program’s progress and outcomes.

Procedural and Timeline Aspects

  • Status: Introduction and first reading.
  • Next steps: The bill would proceed through committee hearings and potential amendments in the House, followed by floor action. If advanced, it would need passage by the House and Senate and the Governor’s signature to become law.
  • Timeline implications: As an early-stage bill, the exact funding level and program specifics would depend on subsequent committee action and negotiation, and could be revised in amendments.

Relationship to Related Legislation

  • Companion Bill: SF 2569 in the Senate. Cross-chamber alignment will be important for final enactment.
  • If both bills pass with similar language, a conference process may be required to harmonize differences.

Note on Details

  • The available information does not specify the appropriation amount, grant terms, eligible programs, or performance requirements. To provide a precise understanding of impact and implementation, the full text of HF 2495 and any fiscal notes or analysis from the committee would be needed.

Compiled from official sources — confirm details with the bill’s official record.

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