Grant caps for port development assistance modified.

This bill modifies the maximum funding limit for port development projects in Minnesota by changing the cap from the previous percentage to 80% of the total project cost. It directly affects state agencies administering port assistance and commercial navigation facility developers who apply for state grants. The legislation also clarifies that state funds cannot be used to match other state funding sources and prevents the state from assuming ongoing financial responsibility for these projects. These changes aim to provide clearer guidelines on how much state money can be allocated toward port development initiatives.