Fortis Capital grant appropriation for a revolving loan fund

This bill appropriates $1 million from Minnesota's general fund for a one-time grant to Fortis Capital, a nonprofit organization. The funds will create a revolving loan fund to provide risk-mitigating capital for commercial development in underserved communities and to entrepreneurs from disadvantaged groups statewide. The program must leverage private sector lenders and nonstate funds to maximize impact, with up to 10% of the grant covering Fortis Capital's operating costs. Fortis Capital must report on fund usage and outcomes to legislative committees by December 31, 2028.