The Senate Jobs and Economic Growth Finance and Policy Committee will hear legislation (SF 2150) from Senator Bobby Joe Champion (DFL-Minneapolis) today at 3:00 p.m. to fund workforce training and business development organizations with a focus on black, indigenous, and people of color (BIPOC). The bill provides $10,800,000 per year from the Workforce Development Fund and $2,375,000 in 2022 and $875,000 in 2023 from the General Fund.
“For Minnesota’s BIPOC communities, the effects of the COVID-19 pandemic have only grown the already wide gaps in income and wealth that were present throughout our state, where we already have the second biggest income inequality gap between whites and blacks,” said Senator Champion. “This legislation provides funding and workforce development grants to those organizations who are best adept at helping our BIPOC communities, and while we have a long way to go, these are a critical first step.”
Since 2016, Senator Champion has carried legislation that would provide money to organizations uniquely adept at reaching BIPOC communities throughout Minnesota.
According to the most recent census data, the black poverty rate in the Twin Cities area was 25.4%, which is over four times the white poverty rate of 5.9%. The Twin Cities area black poverty rate is significantly higher than the national black poverty rate of 22%, while the white poverty rate is significantly lower than the national one of 9%.
The Senate Jobs Committee can viewed at https://www.youtube.com/channel/UCEr62v90gRUrod1p9l2EU_Q.