---
type: "Bill"
title: "Minnesota investment fund loan forgiveness conditions modified."
description: "Minnesota investment fund loan forgiveness conditions modified."
jurisdiction: "us/states/mn"
legislature: "Minnesota Legislature"
session: "2019-2020"
identifier: "HF 4602"
citation: "Minnesota HF 4602 (2019-2020)"
classification: ["bill"]
subjects: ["Business", "Employment and Economic Development Department"]
status: "enacted"
primary_sponsors: ["Olson"]
version_count: 1
action_count: 25
vote_count: 1
first_action: "2019-07-01"
last_action: "2020-05-27"
source: "openstates"
source_identifier: "ocd-bill/dafc7a18-ad25-4fcb-80ff-9067e1994d5e"
source_url: "https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF4602&ssn=0&y=2020"
source_hash: "279155022a0c13e41e8338113b6b0db9d1f79493b6c630485297df55e3b48163"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-mn"]
---

# Minnesota HF 4602 (2019-2020) — Minnesota investment fund loan forgiveness conditions modified.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Introduction** (committee substitute) — [source](https://www.revisor.mn.gov/bills/text.php?number=HF4602&version=0&session=ls91&session_year=2020&session_number=0)

## Votes

- Passage — **114–18** (pass) · lower

## Sponsors

- Olson — primary (person)
- Simonson — cosponsor (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2020-04-28** Introduction and first reading, referred to Jobs and Economic Development Finance Division `introduction, referral-committee`
- **2020-05-04** Committee report, to adopt `committee-passage`
- **2020-05-04** Joint rule 2.03, Deadlines, re-referred to Rules and Legislative Administration
- **2020-05-07** Committee report, to adopt `committee-passage`
- **2020-05-07** Joint rule 2.03 waived
- **2020-05-07** Second reading `reading-2`
- **2020-05-11** House rule 1.21, placed on Calendar for the Day Tuesday, May 12, 2020
- **2020-05-12** Third reading `reading-3`
- **2020-05-12** Bill was passed `passage`
- **2020-05-18** Presented to Governor 05/18/2020 `executive-receipt`
- **2020-05-27** Governor approval 05/27/2020 `executive-signature`
- **2020-05-27** Secretary of State, Filed 05/27/2020
- **2020-05-12** Received from House `introduction`
- **2020-05-12** Introduction and first reading `introduction`
- **2020-05-12** Laid on table
- **2020-05-13** Taken from table
- **2020-05-13** Second reading `reading-2`
- **2020-05-13** Laid on table
- **2020-05-17** Taken from table
- **2020-05-17** Special Order
- **2020-05-17** Third reading Passed `passage`
- **2020-05-18** Presentment date 05/18/2020
- **2020-05-27** Governor's action Approval 05/27/2020 `executive-signature`
- **2020-05-27** Secretary of State Chapter 112 05/27/2020
- **2019-07-01** Effective date 07/01/19 Retroactive

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/dafc7a18-ad25-4fcb-80ff-9067e1994d5e`. Confidence: reported (aggregated from official Minnesota legislature records).