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Gov. Walz unveils budget plans for Minnesota workers, small businesses

Ahead of the administration's full budget announcement on Jan. 24, the governor's office released a plan for Minnesota's workforce, small businesses and agriculture.
Credit: KARE
Minnesota State Capitol

ST PAUL, Minn. — Gov. Tim Walz and Lt. Gov. Peggy Flanagan rolled out the second portion of their upcoming budget plan on Thursday, with a focus on Minnesota's workforce, small businesses and agriculture.

The $4.1 billion economic proposal and $100 million proposed agriculture budget are part of the administration's "One Minnesota" two-year state budget proposal that will be fully announced on Jan. 24. Earlier this week, the governor unveiled a $12 billion package of proposals aimed at making Minnesota "the best state in the country for kids."

Among the proposals:

  • Create a Paid Family and Medical Leave program
  • Increase access to earned safe and sick time for Minnesota workers (up to 48 hours a year)
  • Invest $30 million in the Drive for 5 Workforce Fund, emphasizing careers in "technology, caring professions, education, manufacturing, and trades"
  • Free college applications for high school seniors through the Direct Admissions program
  • $18.5 million for the Small Business Navigation Program, Small Business Development Centers, and the Small Business Partnerships Program
  • $20 million for the Angel Tax credit, supporting women, veterans and persons of color
  • $150 million for the Minnesota Forward Fund
  • $276 million to expand broadband access to all by 2026
  • Support for "the protection and preservation of Minnesota’s precious land and water resources"
  • Grants for meat, poultry, egg and dairy producers to start, modernize or expand
  • Promote Minnesota Grown program
  • Replenish Agricultural Emergency Account
  • Additional funding for Agricultural Growth, Research, and Innovation (AGRI) program and AGRI Biofuels Infrastructure Investment Grant program
  • Farm safety and mental health outreach

“I’m committed to making sure Minnesota remains competitive in a global economy. From our nation-leading agriculture industries to Minnesota-based companies paving the way for a clean energy economy, Minnesota has one of the most diverse and most resilient economies in the country,” Gov. Walz said in a statement.

“Our One Minnesota Budget envisions an economy that works for Minnesotans and their families and a sustainable future for our children. This budget works to lift up working people and ensure that all Minnesotans can thrive,” Lt. Gov. Peggy Flanagan said in a statement.

Republican lawmakers have yet to respond to the governor's latest proposals.

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