• Visit Owatonna
  • Member Login
  • Business Resources
Owatonna Area Chamber Of Commerce & TourismOwatonna Area Chamber Of Commerce & TourismOwatonna Area Chamber Of Commerce & TourismOwatonna Area Chamber Of Commerce & Tourism
  • ABOUT
    • About Owatonna
    • Mission
    • Board of Directors
    • Chamber Team
    • Contact Us
  • Join Now
  • MEMBERS
    • Find Your Membership
    • Join Now
    • Business Directory
    • Chamber Events
    • Chamber Gift Certificates
    • Committees/Volunteer Opportunities
    • FAQs
    • Market Your Business
    • Member Login
  • SHOP LOCAL
  • ADVOCACY
    • Government Officials
    • Legislative Agenda
  • WORKFORCE
    • Find a Job
    • Made in Owatonna
    • SteeleCo.Works
    • Ted G. Ringhofer Scholarship
    • Workforce Experience Grant
  • EVENTS & PROGRAMS
    • Chamber Events
    • Annual Dinner
    • Business After Hours
    • Chamber Growth Breakfast Series
    • Golf
    • Owatonna Community Leadership Academy
    • Young Professionals
  • MAIN STREET
    • Banners, Flower Baskets, and Holiday Decorations
    • Downtown Clean Up
    • Downtown Thursdays
    • Economic Development Authority (EDA) Forgivable Loan Program
    • Holiday Lighted Parade
    • Owatonna Business Partnership
  • LIVING HERE
    • Area Churches
    • Chamber Gift Certificates
    • Community Calendar
    • Downtown Parking Restrictions
    • Housing Options
    • Landlord & Tenant Handbook
    • New Resident information
    • Owatonna Chamber Foundation
    • Request a Visitor’s Guide
    • Visit Owatonna
    • Welcome To Owatonna
  • NEWS
    • Business Brief
    • Chamber Blog

Much Needed Relief Bill to Business

    Home Much Needed Relief Bill to Business

    Much Needed Relief Bill to Business

    Brad Meier
    Tuesday, December 15, 2020
    (0) Comments
    Much Needed Relief Bill to Business

    The Minnesota legislature has approved a relief package that will send roughly $217M to small businesses impacted by Governor Walz restrictions on bars, restaurants, fitness centers, and entertainment facilities.  The relief dollars will be distributed like this:

    • $88 million that the state Department of Revenue will distribute to bars, restaurants, health clubs, bowling alleys and other shuttered business that had a 30 percent or higher reduction in revenues compared with last year. The grants would range from $10,000 to $45,000 per business based on the size of their operations.
    • $14 million to movie theaters and convention centers to be distributed by the Department of Employment and Economic Development. Movie theaters would be eligible for up to $15,000 per screen, and event centers would get grants based on their capacity.
    • The state would allocate nearly $115 million to counties to distribute to local businesses and nonprofits as county leaders see fit. Some of those businesses may not have met the threshold of a 30 percent drop in revenues.
    • A set of fees that affect bars, restaurants, distilleries and breweries would be waived or refunded, including 1 a.m. liquor license and a wastewater fee levied by the Metropolitan Council.
    According to the bill text, the initial grants will be distributed to businesses through the Department of Revenue in the next couple weeks.  Businesses will qualify for different amounts of grant funds.  The commissioner of revenue shall make payments to eligible businesses according to the following:
    • $10,000 to business does not participate in the unemployment insurance program;
    • $15,000 to business that employs 20 workers or less (Part-time employees included in all counts)
    • $25,00 to business that employs more than 20 workers but less than 101 
    • $35,000 to business that employs more than 100 workers but less than 301 workers 
    • $45,000 to business that employs more than 300 workers 
     

    Leave a Comment
    * Required field
    Business Directory News Releases Events Calendar Hot Deals Member To Member Deals Marketspace Job Postings Contact Us Information & Brochures Join The Chamber
    GrowthZone - Membership Management Software
    Share
    Print Email Facebook Twitter LinkedIn
    Tell a Friend

    ABOUT

    Our Chamber has approximately 530 members that invest their resources, employee volunteerism and confidence in the Owatonna Area Chamber of Commerce & Tourism and the business community.

    PARTNERS
    • Owatonna Development
    • Visit Owatonna

    https://www.uschamber.com/chamber-accreditation-program

    MEMBERS
    • Join Now
    • Benefits
    • Member Login

    CONTACT US

    Address
    Owatonna Area Chamber of Commerce & Tourism

    120 South Oak AVE
    Owatonna, MN 55060

    Email
    oacct@owatonna.org

    Phone
    507-451-7970

    Google Map

    Owatonna Area Chamber of Commerce & Tourism | All Rights Reserved © 2019 | Log In
    • ABOUT
      • Mission
      • Chamber Team
      • Board of Directors
      • About Owatonna
      • Main Street
      • Contact Us
    • MEMBERS
      • Find Your Membership
      • Benefits
      • Market Your Business
      • Member Login
      • Chamber Gift Certificates
      • FAQs
      • Business Directory
      • Business Resources
      • Chamber Events
      • Committees/Volunteer Opportunities
    • ADVOCACY
      • Legislative Agenda
      • Government Officials
      • Meet the 2024 Candidates
    • EVENTS & PROGRAMS
      • Chamber Events
      • Business After Hours
      • Annual Dinner
      • Chamber Growth Breakfast Series
      • Golf
      • Young Professionals
      • Owatonna Community Leadership Academy
    • MAIN STREET
      • About Main Street
      • Banners, Flower Baskets, and Holiday Decorations
      • Downtown Clean Up
      • Downtown Thursdays
      • Economic Development Authority (EDA) Forgivable Loan Program
      • Holiday Lighted Parade
      • Main Street
      • Owatonna Business Partnership
    • LIVING HERE
      • Area Churches
      • Chamber Gift Certificates
      • Community Calendar
      • Downtown Parking Restrictions
      • Landlord & Tenants Handbook
      • New Resident information
      • Owatonna Chamber Foundation
      • Request a Visitor’s Guide
      • Rental Information
      • Visit Owatonna
    • NEWS
      • In the News
      • Business Brief
      • Chamber Blog
    • MEMBER LOGIN
    Owatonna Area Chamber Of Commerce & Tourism