Mandate Details

Description:

Reports from nonprofits receiving Minnesota Expanding Opportunity Fund program loans, including: (1) the number of businesses to which a loan was made; (2) a description of businesses supported by the program; (3) demographic information, as specified by the commissioner, regarding each borrower; (4) an account of loans made during the calendar year; (5) the program's impact on job creation and retention; (6) the source and amount of money collected and distributed by the program; (7) the program's assets and liabilities; and (8) an explanation of administrative expenses

Law:

2023 Minn. Laws Chap. 53 Art. 15 Sec. 10 Subd. 7(a)

Statute:

116J.8733 Subd. 7(a)

Agency(ies)/Supplier(s):

Minn. Dept. of Employment and Economic Development

Due Date:

02/15/2024

Frequency:

One time

Topics:

Business - Business-MN

Charities/Foundations/Nonprofits

Mandate Groups:

Mandated to Commissions/Individuals/Other

Committee/Agency Jurisdiction:

Commissioner of Employment and Economic Development

Note:

This mandate requires reports from nonprofits receiving loans to the Minn. Dept. of Employment and Economic Development.

Item(s) Received

No items received for this mandate.