Hazard mitigation grant program established to support mitigation planning and mitigation projects that diminish potential effects of emergencies, report required, and money appropriated.

This bill creates a new Hazard Mitigation Fund to provide grants to Minnesota local governments, including counties, cities, and school districts, for projects that reduce risks from emergencies like floods or storms. The program allows these eligible applicants to receive funding for planning activities, feasibility studies, and construction of mitigation projects that protect critical infrastructure and lower future costs. To qualify, applicants must demonstrate local commitment through official resolutions and match at least 25 percent of project costs using cash, donated materials, or volunteer labor. The bill also establishes an annual application process and permits funds to serve as the local share for federal disaster assistance programs.