ST. PAUL, MN -- COVID-19 relief payments will be distributed to businesses hurt during the pandemic per Governor Walz and the Minnesota Department of revenue as of Thursday.
The total amount issued is $67.3 million for 3,891 eligible businesses in Minnesota.
This bipartisan legislation will also provide relief to movie theaters and convention centers, as well as direct funding to all of Minnesota’s 87 counties to set up local grant relief programs.
“This relief comes at a crucial time for our businesses who continue to make enormous sacrifices for the health and safety of Minnesotans,” said Governor Walz. “This is a critical lifeline for those businesses and for the Minnesotans whose livelihoods depend on them.”
“These payments will give some relief to Minnesota businesses we know are hurting due to the pandemic,” said Revenue Commissioner Robert Doty. “Revenue employees worked diligently to set up this program to determine eligibility and get checks issued quickly to these businesses.
Eligible businesses must meet the program requirements outlined in the legislation.
Direct payment requirements for businesses include:
- Being located in Minnesota
- Had at least $10,000 in taxable sales in 2019
- Filed Sales Tax returns in 2019 and 2020
- Experienced a 30% drop in year-over-year taxable sales for April-September periods
- Being categorized by the Minnesota Unemployment Insurance program as a restaurant, bar, gym, bowling center, or similar business