Senate Republicans recently announced a package to direct the massive infusion of federal dollars to Minnesota through a series of targeted investments that will get the state moving forward beyond the pandemic.
WATCH: Gazelka and Duckworth discuss using federal funds to maximum benefit
“This one-time funding from the federal government gives us an opportunity to provide a huge benefit to communities in every corner of the state — if we spend it wisely,” said Senate Finance Committee Chairwoman Julie Rosen (R-Fairmont). “Our plan helps workers, helps families, helps small business owners, helps students, and sets Minnesota on a path for long-term success.”
The bill language, authored by Duckworth and will be released next week, directs the portion of the American Rescue Plan dollars that were part of the “State Fiscal Relief Fund” and had greater flexibility in how it could be used by the state. The $2.57 billion allocation will provide targeted support to Minnesotans hardest hit by the pandemic and promote economic growth.
Highlights include:
- $600 million to restore the Unemployment Trust Fund balance to support workers forced to transition and find new work.
- $1.165 billion to targeted infrastructure projects to boost the economy and build out critical projects across the state like roads, bridges, and water infrastructure.
- $500 million for small business relief grants targeted to hard-hit industries including entertainment venues, event centers, community event organizations, and other small businesses which have not already received funding.
- $100 million to cover special education costs that are currently being paid for with school general education funds. This will help ensure that all student instruction needs – both special and general education – are being met.
- $200 million to enhance the tourism industry in Minnesota, targeting the venues, attractions, and hospitality businesses that were hardest hit by the pandemic.
Minnesota is receiving an additional $5.37 billion dollars directly targeted to local entities, schools, education, low-income utility, and rental assistance, extending pandemic unemployment benefits, public health, and specialized child-care programs.