HF 2033: Maximum amount of state contributions to cannabis microbusinesses amended, commissioner's deadline to approve loan applications amended, nonprofit corporations allowed to retain loan interest payments to cover expenses, loan interest rates required to be reported, and nonprofit corporations allowed to use contract funds to cover expenses.

Plain-language summary

HF 2033 is a bill introduced in the Minnesota House on March 10, 2025. According to its official title, it concerns: Maximum amount of state contributions to cannabis microbusinesses amended, commissioner's deadline to approve loan applications amended, nonprofit corporations allowed to retain loan interest payments to cover expenses, loan interest rates required to be reported, and nonprofit corporations allowed to use contract funds to cover expenses. Primary sponsor: Andy Smith (Democratic-Farmer-Labor). It lists 1 additional sponsor. Most recent recorded action (March 17, 2025): Motion to recall and re-refer, motion prevailed Workforce, Labor, and Economic Development Finance and Policy.

Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written