Bill
SF 1453
Overview: SF 1453 - Made in Minnesota Program and Enterprise Minnesota, Inc. appropriationPurpose and Intent: The bill seeks to provide an appropriation to the Made in Minnesota Pr
Overview: SF 1453 - Made in Minnesota Program and Enterprise Minnesota, Inc. appropriation
Purpose and Intent: The bill seeks to provide an appropriation to the Made in Minnesota Program and Enterprise Minnesota, Inc., which are initiatives aimed at promoting and supporting the state's manufacturing sector.
Key Provisions:
- Appropriates a specified amount of funding to the Made in Minnesota Program, which provides tax credits and other incentives to encourage the production of certain products within the state
- Allocates additional funding to Enterprise Minnesota, Inc., a non-profit organization that provides consulting, training, and other services to support the growth and competitiveness of Minnesota's manufacturing businesses
- Specifies that the appropriated funds are to be used for program operations, outreach, and initiatives that enhance the state's manufacturing capabilities and competitiveness
Affected Parties and Impacts: The bill would directly benefit Minnesota's manufacturing sector, including both established businesses and emerging manufacturers. The additional funding and support could lead to increased investment, job creation, and the development of new products and technologies within the state's manufacturing industry.
Procedural and Timeline Considerations: The bill has been referred to the Jobs and Economic Development committee for further consideration. If passed, the appropriations would be included in the state's upcoming budget cycle and implemented accordingly.
Compiled from official sources — confirm details with the bill’s official record.
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