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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
Subjects: Business - Business-MN
Charities/Foundations/Nonprofits
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.