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SF 3232

Minnesota financial opportunity grant pilot program establishment

2025-2026 Regular Session Introduced by Clare Oumou Verbeten

Creates the Minnesota Financial Opportunity Grant Pilot Program to award grants to residents, testing if such grants boost financial stability and opportunities, with evaluation.

Referred to Health and Human Services
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Bill Summary · SF 3232

SF 3232 — Minnesota Financial Opportunity Grant Pilot Program Establishment

Overview

SF 3232 is a Minnesota Senate bill introduced on April 2, 2025, titled “Minnesota financial opportunity grant pilot program establishment.” The bill has been introduced and referred to the Health and Human Services (HHS) committee. A House companion version is HF 3001. The bill is classified as an appropriations measure related to Human Services and the Human Services Department.

Purpose and intent

  • The bill aims to establish a pilot program called the Minnesota Financial Opportunity Grant Pilot Program.
  • The core objective, as implied by the title, is to provide financial opportunity grants to Minnesota residents in order to assess whether targeted grants can improve financial stability or access to opportunities.
  • Specific design choices (eligibility criteria, grant amounts, duration of the pilot, evaluation metrics) would be defined in the bill text and any accompanying fiscal notes.

Key provisions (as introduced)

  • Establishment of the Minnesota Financial Opportunity Grant Pilot Program.
  • Authorization of state funds (appropriations) to support the pilot, with details to be set forth in the bill or through appropriations enacted by the Legislature.
  • Administration is likely assigned to the Minnesota Department of Human Services (DHS) or a related body, pending the bill’s final language.
  • Pilot duration and evaluation framework: the bill would typically require an evaluation and reporting plan to assess outcomes, fiscal impact, and program effectiveness.
  • Requirements for reporting to the Legislature and potential sunset or renewal provisions (common in pilot programs), though the exact terms will be specified in the full bill text.

Note: The exact eligibility criteria, grant design, permissible uses of funds, funding caps, and evaluation metrics are not provided in the summary available here and would be detailed in the bill’s text.

Who would be affected

  • Minnesota residents who are recipients or potential recipients of financial opportunity grants.
  • The Minnesota Department of Human Services (administrative agency for program implementation and oversight, subject to appropriation).
  • State and local service providers may interact with the program as partners or administrators.

Procedural and timeline aspects

  • Introduced: April 2, 2025.
  • First-reading and referral: Same date (April 2) to Health and Human Services.
  • Status: Referred to HHS; awaiting committee consideration, potential amendments, and floor action.
  • Related legislation: HF 3001 (House companion).

Next steps for tracking

  • Review the full SF 3232 bill text and any fiscal notes for specifics on eligibility, grant amounts, funding duration, and evaluation design.
  • Monitor HHS committee hearings and amendments.
  • Check for updates on the companion HF 3001 and any negotiated differences between the Senate and House versions.

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

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