The Minnesota State Legislature has introduced Senate Bill 2747, aimed at supporting local businesses affected by the upcoming Trunk Highway 65 construction project. The bill, introduced on March 20, 2025, seeks to mitigate the economic impact of construction disruptions by establishing a grant program for businesses in proximity to the project.

The primary purpose of Senate Bill 2747 is to provide financial assistance to businesses facing revenue declines due to construction activities. The bill outlines specific criteria for prioritizing grant awards, including the rate of revenue decline, duration of construction, proximity to the construction site, severity of traffic disruptions, and accessibility for pedestrian traffic. This targeted approach aims to ensure that the most affected businesses receive timely support.

Under the bill, the Minnesota Commissioner of Employment and Economic Development will oversee the grant program, consulting with the Commissioner of Transportation and a designated business liaison to determine eligibility and award amounts. The funds can be utilized for employee payroll, operating expenses, and facility costs, but cannot be used for bonuses or capital improvements. A total of $5 million has been appropriated for the fiscal year 2026 to fund these grants, with the program set to begin on July 1, 2025.

The bill has sparked discussions among lawmakers regarding its potential economic implications. Supporters argue that it is essential for preserving local businesses during significant infrastructure projects, while critics express concerns about the effectiveness of the grant criteria and the potential for administrative inefficiencies. The bill mandates annual reporting on grant distributions, ensuring transparency and accountability in the program's implementation.

As the construction project approaches, Senate Bill 2747 represents a proactive effort by the Minnesota legislature to safeguard the economic interests of local businesses, highlighting the balance between infrastructure development and community support. The outcome of this bill could set a precedent for future legislative measures aimed at addressing the impacts of construction on local economies.