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Legislative Update: February 11, 2019

Posted By Administration, Monday, February 11, 2019
EDAM Works with Economic Development Partners on Legislation to Fund DEED Programs
EDAM is working with some of our economic development partners – in particular Metro Cities – to prepare legislation for introduction which would provide funding for the 2020-2021 biennium.  Three bills have been prepared in the House to target funding to particular programs.  One bill would provide $6 million each year of the biennium for the Redevelopment Grants and Demolition Loans Program.  The Chief Author of this bill will be Representative Erin Koegel (DFL-Spring Lake Park).  The co-authors on the bill are Representative Hodan Hassan (DFL-Minneapolis) and Representative Rob Ecklund (DFL-International Falls).  We will be finding additional co-authors for the measure in the coming days from both the DFL and Republican Caucuses.

A bill to provide $10.5 million in each year of the biennium for the Minnesota Investment Fund will be authored by Representative Zack Stephenson (DFL-Coon Rapids).   Again, Representative Hassan and Representative Ecklund will be co-authors and we will find additional co-authors before the bill’s introduction next week.   

The third bill on which we are working is to provide $10.5 million per year for the Job Creation Fund.  Representative Anne Claflin (DFL-South St. Paul) is the Chief Author of this bill.  Again, Representatives Hassan and Ecklund co-authored the bill and we will also seek additional co-authors for this measure.  

The approach on the Senate side will be somewhat different.  A bill is being prepared  which will include funding for all three of these programs in a single bill.  The Chief Author for the measure will be Senator Paul Utke (R-Park Rapids).  We will report to you when we know who the other co-authors will be on the bill.

As soon as the bills are formally introduced, we will be submitting hearing requests and lining up witnesses to testify on behalf of these funding levels.  We also hope to identify grants or loans that have been awarded in the legislative districts of members of the House and Senate Committees.  We will pursue this information as soon as we have the hearing requests in on the bills.  

Department of Employment and Economic Development Overview
One of the highlights of last week was the presentation by DEED Deputy Commissioner Kevin McKinnon to the House Jobs and Economic Development Finance Division regarding Department Programs.  

Deputy Commissioner McKinnon’s presentation described Business Assistance Programs, Minnesota Trade Office functions and Community Assistance Programs.  Of special note was the portion of the presentation focused on Community Finance Programs such as the Contaminated Clean-up Grant Program, Redevelopment Grant Program, Greater Minnesota Business Development Public Infrastructure Grant Program and Transportation Economic Development Infrastructure Program.  

There was also considerable discussion relating to the Minnesota Investment Fund and Job Creation Fund.  

View Presentation

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