1.1 A bill for an act
1.2 relating to commerce; establishing a biennial budget for commerce and energy;
1.3 modifying provisions governing consumer small loans and lending; modifying the
1.4 Minnesota premium security plan; requiring submission of a state innovation
1.5 waiver; modifying provisions governing renewable energy, energy conservation,
1.6 and energy efficiency; regulating retail electric vehicle supply equipment; modifying
1.7 provisions governing certain cannabis licenses; imposing assessments and fees;
1.8 appropriating money; authorizing administrative rulemaking; amending Minnesota
1.9 Statutes 2024, sections 47.60, subdivisions 1, 3, 4, 5, 8, by adding a subdivision;
1.10 47.601, subdivisions 1, 5a, 7; 62E.21, by adding a subdivision; 62E.23, subdivisions
1.11 1, 2, 3; 62E.24, subdivisions 1, 2; 62E.25, subdivision 1, by adding a subdivision;
1.12 80A.58; 80A.65, subdivision 2, by adding a subdivision; 116C.7792; 216C.09;
1.13 216C.10; 216C.11; 216C.12; 216C.391, subdivisions 1, 3; 342.17; 342.37, by
1.14 adding subdivisions; Laws 2023, chapter 63, article 9, section 5; proposing coding
1.15 for new law in Minnesota Statutes, chapters 62E; 239.
1.16BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.17 ARTICLE 1
1.18 COMMERCE FINANCE
1.19Section 1. APPROPRIATIONS.
1.20 The sums shown in the columns marked "Appropriations" are appropriated to the agencies
1.21and for the purposes specified in this article. The appropriations are from the general fund,
1.22or another named fund, and are available for the fiscal years indicated for each purpose.
1.23The figures "2026" and "2027" used in this article mean that the appropriations listed under
1.24them are available for the fiscal year ending June 30, 2026, or June 30, 2027, respectively.
1.25"The first year" is fiscal year 2026. "The second year" is fiscal year 2027. "The biennium"
1.26is fiscal years 2026 and 2027. If an appropriation in this act is enacted more than once in
1.27the 2025 legislative session or a special session, the appropriation must be given effect only
1.28once.
1Article 1 Section 1.
REVISOR RSI/VJ 25-0280802/25/25
State of Minnesota
This Document can be made available
in alternative formats upon request
HOUSE OF REPRESENTATIVES
H. F. No. 2443
NINETY-FOURTH SESSION
Authored by Her03/17/2025
The bill was read for the first time and referred to the Committee on Commerce Finance and Policy 2.1 APPROPRIATIONS
2.2 Available for the Year
2.3 Ending June 30
20272.4 2026
2.5Sec. 2. DEPARTMENT OF COMMERCE
42,750,000$42,163,000$2.6Subdivision 1.Total Appropriation
2.7 Appropriations by Fund
20272.8 2026
39,842,00039,191,0002.9General
815,000815,000
2.10Workers'
2.11Compensation Fund
2,093,0002,093,0002.12Special Revenue
-0-64,000
2.13Family Medical
2.14Benefit Insurance
2.15The amounts that may be spent for each
2.16purpose are specified in the following
2.17subdivisions.
3,227,0003,227,0002.18Subd. 2.Financial Institutions
2.19(a) $400,000 each year is for a grant to Prepare
2.20and Prosper to develop, market, evaluate, and
2.21distribute a financial services inclusion
2.22program that (1) assists low-income and
2.23financially underserved populations to build
2.24savings and strengthen credit, and (2) provides
2.25services to assist low-income and financially
2.26underserved populations to become more
2.27financially stable and secure. Money
2.28remaining after the first year is available for
2.29the second year.
2.30(b) $254,000 each year is to administer
2.31Minnesota Statutes, chapter 58B.
11,978,00011,300,0002.32Subd. 3.Administrative Services
2.33(a) $353,000 each year is for system
2.34modernization and cybersecurity upgrades for
2.35the unclaimed property program.
2Article 1 Sec. 2.
REVISOR RSI/VJ 25-0280802/25/25 3.1(b) $249,000 each year is for the senior safe
3.2fraud prevention program.
3.3(c) $500,000 each year is to create and
3.4maintain the Prescription Drug Affordability
3.5Board established under Minnesota Statutes,
3.6section 62J.87.
3.7(d) $12,000 each year is for the intermediate
3.8blends of gasoline and biofuels report under
3.9Minnesota Statutes, section 239.791,
3.10subdivision 8.
7,751,0007,751,0003.11Subd. 4.Enforcement
3.12 Appropriations by Fund
7,536,0007,536,0003.13General
215,000215,000
3.14Workers'
3.15Compensation
3.16(a) $811,000 each year is for five additional
3.17peace officers in the Commerce Fraud Bureau.
3.18Money under this paragraph is transferred
3.19from the general fund to the insurance fraud
3.20prevention account under Minnesota Statutes,
3.21section 45.0135, subdivision 6.
3.22(b) $21,000 each year is for body cameras
3.23worn by Commerce Fraud Bureau agents.
3.24(c) $215,000 each year is from the workers'
3.25compensation fund.
3.26(d) $225,000 each year is to create and
3.27maintain the Mental Health Parity and
3.28Substance Abuse Accountability Office under
3.29Minnesota Statutes, section 62Q.465.
3.30(e) $197,000 each year is to create and
3.31maintain a student loan advocate position
3.32under Minnesota Statutes, section 58B.011.
3Article 1 Sec. 2.
REVISOR RSI/VJ 25-0280802/25/25 4.1(f) $283,000 each year is for law enforcement
4.2salary increases authorized under Laws 2021,
4.3First Special Session chapter 4, article 9,
4.4section 1.
3,235,0003,235,0004.5Subd. 5.Telecommunications
4.6 Appropriations by Fund
1,142,0001,142,0004.7General
2,093,0002,093,0004.8Special Revenue
4.9$2,093,000 each year is from the
4.10telecommunications access Minnesota fund
4.11under Minnesota Statutes, section 237.52,
4.12subdivision 1, in the special revenue fund for
4.13the following transfers:
4.14(1) $1,620,000 each year is to the
4.15commissioner of human services to
4.16supplement the ongoing operational expenses
4.17of the Commission of Deaf, DeafBlind, and
4.18Hard-of-Hearing Minnesotans. This transfer
4.19is subject to Minnesota Statutes, section
4.2016A.281;
4.21(2) $290,000 each year is to the chief
4.22information officer to coordinate technology
4.23accessibility and usability;
4.24(3) $133,000 each year is to the Legislative
4.25Coordinating Commission for captioning
4.26legislative coverage. This transfer is subject
4.27to Minnesota Statutes, section 16A.281; and
4.28(4) $50,000 each year is to the Office of
4.29MN.IT Services for a consolidated access fund
4.30to provide grants or services to other state
4.31agencies related to accessibility of web-based
4.32services.
4Article 1 Sec. 2.
REVISOR RSI/VJ 25-0280802/25/25 13,483,00013,753,0005.1Subd. 6.Insurance
5.2 Appropriations by Fund
12,883,00013,089,0005.3General
600,000600,000
5.4Workers'
5.5Compensation
-0-64,000
5.6Family and Medical
5.7Benefit Insurance
5.8(a) $136,000 each year is to advance
5.9standardized health plan options.
5.10(b) $105,000 each year is to evaluate
5.11legislation for new mandated health benefits
5.12under Minnesota Statutes, section 62J.26.
5.13(c) $600,000 each year is from the workers'
5.14compensation fund.
5.15(d) $42,000 each year is to ensure health plan
5.16company compliance with Minnesota Statutes,
5.17section 62Q.47, paragraph (h).
5.18(e) $25,000 each year is to evaluate existing
5.19statutory health benefit mandates.
5.20The general fund base is $8,914,000 in fiscal
5.21year 2028 and $8,914,000 in fiscal year 2029.
3,076,0002,897,0005.22Subd. 7.Weights and Measures Division
40,096,000$37,189,000$
5.23Sec. 3. OFFICE OF CANNABIS
5.24MANAGEMENT
5.25$15,000,000 each year is for cannabis industry
5.26community renewal grants under Minnesota
5.27Statutes, section 342.70. Of this amount, up
5.28to three percent may be used to pay for
5.29administrative expenses incurred by the Office
5.30of Cannabis Management.
5.31$1,000,000 each year is for transfer to the
5.32CanGrow revolving loan account established
5.33under Minnesota Statutes, section 342.73,
5.34subdivision 4. Of this amount, up to three
5Article 1 Sec. 3.
REVISOR RSI/VJ 25-0280802/25/25 6.1percent may be used to pay for administrative
6.2expenses incurred by the Office of Cannabis
6.3Management.
6.4 Sec. 4. TRANSFERS.
6.5 With advance approval from the commissioner of management and budget, the director
6.6of the Office of Cannabis Management may transfer positions, salary money, and nonsalary
6.7administrative money within the Office of Cannabis Management as the director of the
6.8Office of Cannabis Management determines is necessary. The director of the Office of
6.9Cannabis Management must inform the chairs and ranking minority members of the
6.10legislative committees with jurisdiction over commerce quarterly regarding transfers made
6.11under this section.
6.12 Sec. 5. Laws 2023, chapter 63, article 9, section 5, is amended to read:
17,953,000$21,614,000$
6.13Sec. 5. OFFICE OF CANNABIS
6.14MANAGEMENT
6.15The base for this appropriation is $35,587,000
6.16in fiscal year 2026 and $38,144,000 in fiscal
6.17year 2027.
6.18$1,000,000 the second year is for cannabis
6.19industry community renewal grants under
6.20Minnesota Statutes, section 342.70. Of these
6.21amounts, up to three percent may be used for
6.22administrative expenses. The base for this
6.23appropriation is $15,000,000 in fiscal year
6.242026 and each fiscal year thereafter.
6.25$1,000,000 the second year is for cannabis
6.26industry community renewal grants under
6.27Minnesota Statutes, section 342.70.
6.28Notwithstanding Minnesota Statutes, section
6.2916A.28, this appropriation is available until
6.30June 30, 2026. Of this amount, up to three
6.31percent may be used to pay for administrative
6.32expenses incurred by the Office of Cannabis
6.33Management. The base for this appropriation
6Article 1 Sec. 5.
REVISOR RSI/VJ 25-0280802/25/25 7.1is $15,000,000 in fiscal year 2026 and each
7.2fiscal year thereafter.
7.3$1,000,000 each year is for transfer to the
7.4CanGrow revolving loan account established
7.5under Minnesota Statutes, section 342.73,
7.6subdivision 4. Of these amounts, up to three
7.7percent may be used for administrative
7.8expenses.
7.9 EFFECTIVE DATE.This section is effective the day following final enactment.
7.10 ARTICLE 2
7.11 CLIMATE AND ENERGY FINANCE
7.12Section 1. APPROPRIATIONS.
7.13 The sums shown in the columns marked "Appropriations" are appropriated to the agencies
7.14and for the purposes specified in this article. The appropriations are from the general fund,
7.15or another named fund, and are available for the fiscal years indicated for each purpose.
7.16The figures "2026" and "2027" used in this article mean that the appropriations listed under
7.17them are available for the fiscal year ending June 30, 2026, or June 30, 2027, respectively.
7.18"The first year" is fiscal year 2026. "The second year" is fiscal year 2027. "The biennium"
7.19is fiscal years 2026 and 2027. If an appropriation in this article is enacted more than once
7.20in the 2025 regular or a special legislative session, the appropriation must be given effect
7.21only once.
7.22 APPROPRIATIONS
7.23 Available for the Year
7.24 Ending June 30
20277.25 2026
7.26Sec. 2. DEPARTMENT OF COMMERCE
15,843,000$15,843,000$7.27Subdivision 1.Total Appropriation
7.28 Appropriations by Fund
20277.29 2026
14,246,00014,246,0007.30General
1,597,0001,597,0007.31Petroleum Tank
7.32The amounts that may be spent for each
7.33purpose are specified in the following
7.34subdivisions.
7Article 2 Sec. 2.
REVISOR RSI/VJ 25-0280802/25/25 14,246,00014,246,0008.1Subd. 2.Energy Resources
8.2(a) $150,000 the first year and $150,000 the
8.3second year are to remediate vermiculite
8.4insulation from households that are eligible
8.5for weatherization assistance under
8.6Minnesota's weatherization assistance program
8.7state plan under Minnesota Statutes, section
8.8216C.264. Remediation must be performed in
8.9conjunction with federal weatherization
8.10assistance program services.
8.11(b) $189,000 each year is for activities
8.12associated with a utility's implementation of
8.13a natural gas innovation plan under Minnesota
8.14Statutes, section 216B.2427.
8.15(c) $3,199,000 each year is for weatherization
8.16and preweatherization work to serve additional
8.17households and allow for services that would
8.18otherwise be denied due to current federal
8.19limitations related to the federal weatherization
8.20assistance program. Money under this
8.21paragraph is transferred from the general fund
8.22to the preweatherization account in the special
8.23revenue fund under Minnesota Statutes,
8.24section 216C.264, subdivision 1c.
8.25(d) $500,000 each year is for a grant to the
8.26clean energy resource teams under Minnesota
8.27Statutes, section 216C.385, subdivision 2, to
8.28provide additional capacity to perform the
8.29duties specified under Minnesota Statutes,
8.30section 216C.385, subdivision 3. This
8.31appropriation may be used to reimburse the
8.32reasonable costs incurred by the department
8.33to administer the grant.
8Article 2 Sec. 2.
REVISOR RSI/VJ 25-0280802/25/25 9.1(e) $301,000 each year is to implement energy
9.2benchmarking under Minnesota Statutes,
9.3section 216C.331.
9.4(f) $164,000 each year is for activities
9.5associated with a public utility's filing a
9.6transportation electrification plan under
9.7Minnesota Statutes, section 216B.1615.
9.8(g) $77,000 each year is for activities
9.9associated with appeals of consumer
9.10complaints to the commission under
9.11Minnesota Statutes, section 216B.172.
9.12(h) $961,000 each year is for activities
9.13required under Minnesota Statutes, section
9.14216B.1641, for community solar gardens. This
9.15appropriation must be assessed directly to the
9.16public utility subject to Minnesota Statutes,
9.17section 116C.779.
9.18(i) $46,000 each year is for work to align
9.19energy transmission and distribution planning
9.20activities with opportunities along trunk
9.21highway rights-of-way.
9.22(j) $265,000 each year is to (1) participate in
9.23a Minnesota Public Utilities Commission
9.24proceeding to review electric transmission line
9.25owners' plans to deploy grid-enhancing
9.26technologies, and (2) issue an order to
9.27implement the plans. The base in fiscal year
9.282028 is $0.
9.29The general fund base is $13,981,000 in fiscal
9.30year 2028 and $13,981,000 in fiscal year 2029.
1,597,0001,597,000
9.31Subd. 3.Petroleum Tank Release Compensation
9.32Board
9.33This appropriation is from the petroleum tank
9.34fund.
9Article 2 Sec. 2.
REVISOR RSI/VJ 25-0280802/25/25 13,417,000$13,330,000$10.1Sec. 3. PUBLIC UTILITIES COMMISSION
10.2 ARTICLE 3
10.3 RENEWABLE DEVELOPMENT ACCOUNT APPROPRIATIONS
10.4Section 1. RENEWABLE DEVELOPMENT FINANCE.
10.5 The sums shown in the columns marked "Appropriations" are appropriated to the agencies
10.6and for the purposes specified in this article. Notwithstanding Minnesota Statutes, section
10.7116C.779, subdivision 1, paragraph (j), the appropriations are from the renewable
10.8development account in the special revenue fund established in Minnesota Statutes, section
10.9116C.779, subdivision 1, and are available for the fiscal years indicated for each purpose.
10.10The figures "2026" and "2027" used in this article mean that the appropriations listed under
10.11them are available for the fiscal year ending June 30, 2026, or June 30, 2027, respectively.
10.12"The first year" is fiscal year 2026. "The second year" is fiscal year 2027. "The biennium"
10.13is fiscal years 2026 and 2027. If an appropriation in this article is enacted more than once
10.14in the 2025 regular or special legislative session, the appropriation must be given effect
10.15only once.
10.16 APPROPRIATIONS
10.17 Available for the Year
10.18 Ending June 30
202710.19 2026
10.20Sec. 2. DEPARTMENT OF COMMERCE
100,000$500,000$10.21Subdivision 1.Total Appropriation
10.22The amounts that may be spent for each
10.23purpose are specified in the following
10.24subdivisions.
10.25Subd. 2."Made in Minnesota" Administration
10.26$100,000 each year is to administer the "Made
10.27in Minnesota" solar energy production
10.28incentive program under Minnesota Statutes,
10.29section 216C.417. Any unobligated amount
10.30remaining on June 30, 2027, cancels to the
10.31renewable development account.
10Article 3 Sec. 2.
REVISOR RSI/VJ 25-0280802/25/25 11.1Subd. 3.Microgrid Research and Application
11.2$400,000 the first year is for a grant to the
11.3University of St. Thomas Center for Microgrid
11.4Research, which must be used to:
11.5(1) increase the center's capacity to provide
11.6industry partners opportunities to test
11.7near-commercial microgrid products on a
11.8real-world scale and to multiply opportunities
11.9for innovative research;
11.10(2) procure advanced equipment and controls
11.11to enable the extension of the university's
11.12microgrid to additional buildings; and
11.13(3) expand (i) hands-on educational
11.14opportunities for undergraduate and graduate
11.15electrical engineering students to increase
11.16understanding of microgrid operations, and
11.17(ii) partnerships with community colleges.
92,000$92,000$
11.18Sec. 3. DEPARTMENT OF
11.19ADMINISTRATION
11.20$92,000 each year is for software and
11.21administrative costs associated with the state
11.22building energy conservation improvement
11.23revolving loan program under Minnesota
11.24Statutes, section 16B.87.
11.25 ARTICLE 4
11.26 FINANCIAL INSTITUTIONS POLICY
11.27Section 1. Minnesota Statutes 2024, section 47.60, subdivision 1, is amended to read:
11.28 Subdivision 1.Definitions.For purposes of this section, the terms defined have the
11.29meanings given them:
11.30 (a) "Consumer small loan" is a loan transaction, whether recourse or nonrecourse, in
11.31which cash is advanced to a borrower for the borrower's own personal, family, or household
11.32purpose. A consumer small loan is a short-term, unsecured loan to be repaid in a single
11.33installment. The cash advance of a consumer small loan is equal to or less than $350. A
11Article 4 Section 1.
REVISOR RSI/VJ 25-0280802/25/25 12.1consumer small loan includes an indebtedness evidenced by but not limited to a promissory
12.2note or agreement to defer the presentation of a personal check or authorized account transfer
12.3for a fee or a charge identified under paragraph (c), including on a borrower's future potential
12.4money source, including but not limited to future pay, salary, or pension income.
12.5 (b) "Consumer small loan lender" is a financial institution as defined in section 47.59
12.6or a business entity registered with the commissioner and engaged in the business of making
12.7consumer small loans.
12.8 (c) "Annual percentage rate" means a measure of the cost of credit, expressed as a yearly
12.9rate, that relates the amount and timing of value received by the consumer to the amount
12.10and timing of payments made. The cost or credit reflected in an annual percentage rate
12.11includes all amounts paid by a consumer or on a consumer's behalf in connection or
12.12concurrent with a consumer small loan, including: (1) interest, finance charges, and fees;
12.13(2) a charge for any ancillary product, membership, or service sold; (3) an amount offered
12.14or agreed to by a borrower to obtain credit or provide compensation to use money; (4) a
12.15voluntary or other fee charged that a borrower agrees to or pays; (5) a tip, voluntary payment,
12.16contribution, and similar amount solicited from or paid by a borrower; or (6) a charge to
12.17expedite an advance or other convenience charge. The annual percentage rate must be
12.18determined in accordance with either the actuarial method or the United States Rule method.
12.19Sec. 2. Minnesota Statutes 2024, section 47.60, subdivision 3, is amended to read:
12.20 Subd. 3.Filing License; fees.(a) Before a business entity other than a financial institution
12.21as defined by section 47.59 engages in the business of making consumer small loans to
12.22Minnesota residents, the business entity shall file with the commissioner as must obtain a
12.23consumer small loan lender license issued by the commissioner.
12.24 (b) The filing consumer small loan lender license application must be on a form prescribed
12.25by the commissioner together with a fee of $250 for each place of business and must contain
12.26the following information in addition to the information required by the commissioner:
12.27 (1) the applicant's full name, the address for the place of business, and any fictitious or
12.28trade name used by the applicant to conduct business;
12.29 (2) a list of the applicant's or person in control's criminal convictions, and any material
12.30litigation the applicant has been involved in during the ten-year period preceding the
12.31application submission;
12.32 (3) the addresses for all of the consumer small loan lender's offices, locations, or retail
12.33stores, if any, in Minnesota;
12Article 4 Sec. 2.
REVISOR RSI/VJ 25-0280802/25/25 13.1 (4) a description of the consumer small loan activity the applicant seeks to provide in
13.2Minnesota;
13.3 (5) a schedule describing any charges the applicant proposes to charge or offer to a
13.4consumer who resides in Minnesota, as included in the cost of credit calculation under
13.5subdivision 1, paragraph (c);
13.6 (1) (6) evidence that the filer applicant has available for the operation of the business at
13.7the location specified, liquid assets of at least $50,000; and
13.8 (2) (7) a biographical statement on the principal person responsible for the operation
13.9and management of the business to be certified describing any individual person in control.
13.10 (c) In addition to the information required under paragraph (b), an applicant that is a
13.11corporation, limited liability company, partnership, or other legal entity must also provide:
13.12 (1) the date the applicant was incorporated or formed, and the state or country of
13.13incorporation or formation; and
13.14 (2) if applicable, a certificate of good standing from the state or country where the
13.15applicant is incorporated or formed.
13.16 (d) A consumer small loan lender license issued under this section expires at 11:59 p.m.
13.17on December 31 of the year for which the application is filed and is renewable on January
13.181 each year after that date.
13.19 (e) An initial consumer small loan lender license application must be accompanied by
13.20a $500 fee. Each subsequent renewal application must be accompanied by a $250 fee.
13.21 (f) Section 56.09 applies to a suspension or revocation of the filing is a consumer small
13.22loan lender license under this section in the same manner as in the case of a regulated lender
13.23license in under section 56.09.
13.24 (g) For purposes of this subdivision,: (1) "business entity" includes one that does not
13.25have a physical location in Minnesota that makes a consumer small loan electronically via
13.26the Internet.; and (2) "person in control" means a member of senior management, including
13.27an owner or officer, and a person who directly or indirectly possesses the power to direct
13.28or cause the direction of the applicant's or consumer small loan lender's management policies
13.29under this section, regardless of whether the person has an ownership interest in the applicant
13.30or licensee. Control is presumed to exist if a person directly or indirectly owns, controls, or
13.31holds with power to vote ten percent or more of the voting stock of an applicant or licensee
13.32or of a person who owns, controls, or holds with power to vote ten percent or more of the
13.33voting stock of an applicant or licensee.
13Article 4 Sec. 2.
REVISOR RSI/VJ 25-0280802/25/25 14.1 Sec. 3. Minnesota Statutes 2024, section 47.60, subdivision 4, is amended to read:
14.2 Subd. 4.Books of account; annual report; schedule of charges; disclosures.(a) A
14.3lender filing licensed under subdivision 3 shall keep and use in the business books, accounts,
14.4and records as will enable the commissioner to determine whether the filer is complying
14.5with this section.
14.6 (b) A lender filing licensed under subdivision 3 shall annually on or before March 15
14.7file a report to the commissioner giving the information the commissioner reasonably
14.8requires concerning the business and operations during the preceding calendar year, including
14.9the information required to be reported under section 47.601, subdivision 4.
14.10 (c) A lender filing licensed under subdivision 3 shall display prominently in each place
14.11of business a full and accurate schedule, to be approved by the commissioner, of the charges
14.12to be made and the method of computing those charges. A lender shall furnish a copy of
14.13the contract of loan to a person obligated on it or who may become obligated on it at any
14.14time upon the request of that person. This is in addition to any disclosures required by the
14.15federal Truth in Lending Act, United States Code, title 15.
14.16 (d) A lender filing licensed under subdivision 3 shall, upon repayment of the loan in
14.17full, mark indelibly every obligation signed by the borrower with the word "Paid" or
14.18"Canceled" within 20 days after repayment.
14.19 (e) A lender filing licensed under subdivision 3 shall display prominently, in each licensed
14.20place of business, a full and accurate statement of the charges to be made for loans made
14.21under this section. The statement of charges must be displayed in a notice, on plastic or
14.22other durable material measuring at least 12 inches by 18 inches, headed "CONSUMER
14.23NOTICE REQUIRED BY THE STATE OF MINNESOTA." The notice shall include,
14.24immediately above the statement of charges, the following sentence, or a substantially
14.25similar sentence approved by the commissioner: "These loan charges are higher than
14.26otherwise permitted under Minnesota law. Minnesota law permits these higher charges only
14.27because short-term small loans might otherwise not be available to consumers. If you have
14.28another source of a loan, you may be able to benefit from a lower interest rate and other
14.29loan charges." The notice must not contain any other statement or information, unless the
14.30commissioner has determined that the additional statement or information is necessary to
14.31prevent confusion or inaccuracy. The notice must be designed with a type size that is large
14.32enough to be readily noticeable and legible. The form of the notice must be approved by
14.33the commissioner prior to its use.
14Article 4 Sec. 3.
REVISOR RSI/VJ 25-0280802/25/25 15.1 Sec. 4. Minnesota Statutes 2024, section 47.60, subdivision 5, is amended to read:
15.2 Subd. 5.Complaints alleging violation.A person obligated to or having been obligated
15.3to a consumer small loan lender filing under subdivision 3 and having that has reason to
15.4believe that this section has been violated may file with the commissioner a written complaint
15.5setting forth the details of the alleged violation. The commissioner, upon receipt of the
15.6complaint, may inspect the pertinent books, records, letters, and contracts of the lender and
15.7borrower involved. The commissioner may assess against the lender a fee covering the
15.8necessary costs of an investigation under this section. The commissioner may maintain an
15.9action for the recovery of the costs in a court of competent jurisdiction.
15.10Sec. 5. Minnesota Statutes 2024, section 47.60, is amended by adding a subdivision to
15.11read:
15.12 Subd. 5a.Examinations.(a) The commissioner may examine the affairs, business,
15.13office, and records of a licensee and of other persons subject to examination under this
15.14section. Examinations under this section may occur as often as is considered necessary. The
15.15commissioner may accept examination reports prepared by a state or federal agency that
15.16has comparable supervisory powers and examination procedures.
15.17 (b) The commissioner may assess a fee to cover the costs necessary to conduct an
15.18examination under this subdivision, as required under section 46.131. The fee is payable to
15.19the commissioner upon the commissioner's request for payment. The commissioner may
15.20maintain an action to recover costs under this subdivision in any court of competent
15.21jurisdiction.
15.22 (c) The commissioner may disclose information not otherwise subject to disclosure
15.23under section 46.07 to representatives of state or federal agencies pursuant to agreements
15.24or relationships with other government officials or federal and state regulatory agencies and
15.25regulatory associations in order to: (1) improve efficiencies and reduce regulatory burden
15.26by standardizing methods or procedures; and (2) share resources, records, or related
15.27information obtained under this section.
15.28Sec. 6. Minnesota Statutes 2024, section 47.60, subdivision 8, is amended to read:
15.29 Subd. 8.No evasion.(a) A person must not engage in any device, subterfuge, or pretense
15.30to evade the requirements of this section, including but not limited to:
15.31 (1) making loans disguised as a personal property sale and leaseback transaction;
15Article 4 Sec. 6.
REVISOR RSI/VJ 25-0280802/25/25 16.1 (2) representing that an advance is a not a loan because the advance (i) is nonrecourse,
16.2(ii) is repaid with assigned wages or other present or future income, or (iii) may be not
16.3subject to certain collection methods, credit reporting, or repayment demands;
16.4 (2) (3) disguising loan proceeds as a cash rebate for the pretextual installment sale of
16.5goods or services; or
16.6 (3) (4) making, offering, assisting, or arranging for a debtor to obtain a loan with a greater
16.7rate or amount of interest, consideration, charge, or payment than is permitted by this section
16.8through any method, including mail, telephone, Internet, or any electronic means, regardless
16.9of whether a person has a physical location in Minnesota.
16.10 (b) A person is a consumer small loan lender subject to the requirements of this section
16.11notwithstanding the fact that a person purports to act as an agent or service provider, or acts
16.12in another capacity for another person that is not subject to this section, if a person:
16.13 (1) directly or indirectly holds, acquires, or maintains the predominant economic interest,
16.14risk, or reward in a loan or lending business; or
16.15 (2) both: (i) markets, solicits, brokers, arranges, or facilitates a loan; and (ii) holds or
16.16holds the right, requirement, or first right of refusal to acquire loans, receivables, or other
16.17direct or interest in a loan.
16.18 (c) A person is a consumer small loan lender subject to the requirements of this section
16.19if the totality of the circumstances indicate that a person is a lender and the transaction is
16.20structured to evade the requirements of this section. Circumstances that weigh in favor of
16.21a person being a lender in a transaction include but are not limited to instances where a
16.22person:
16.23 (1) indemnifies, insures, or protects a person not subject to this section from any costs
16.24or risks related to a loan;
16.25 (2) predominantly designs, controls, or operates lending activity;
16.26 (3) holds the trademark or intellectual property rights in the brand, underwriting system,
16.27or other core aspects of a lending business; or
16.28 (4) purports to act as an agent or service provider, or acts in another capacity, for a person
16.29not subject to this section while acting directly as a lender in one or more states.
16.30Sec. 7. Minnesota Statutes 2024, section 47.601, subdivision 1, is amended to read:
16.31 Subdivision 1.Definitions.(a) For the purposes of this section, the terms defined in this
16.32subdivision have the meanings given.
16Article 4 Sec. 7.
REVISOR RSI/VJ 25-0280802/25/25 17.1 (b) "Annual percentage rate" has the meaning given in section 47.60, subdivision 1.
17.2 (c) "Borrower" means an individual who obtains a consumer short-term loan primarily
17.3for personal, family, or household purposes.
17.4 (d) "Commissioner" means the commissioner of commerce.
17.5 (e) "Consumer short-term loan" means a loan to a borrower, whether recourse or
17.6nonrecourse, including on a borrower's future potential money source, including but not
17.7limited to future pay, salary, or pension income, which has a principal amount, or an advance
17.8on a credit limit, of $1,300 or less and requires a minimum payment within 60 days of loan
17.9origination or credit advance of more than 25 percent of the principal balance or credit
17.10advance. For the purposes of this section, each new advance of money to a borrower under
17.11a consumer short-term loan agreement constitutes a new consumer short-term loan. A
17.12"consumer short-term loan" does not include any transaction made under chapter 325J or
17.13a loan made by a consumer short-term lender where, in the event of default on the loan, the
17.14sole recourse for recovery of the amount owed, other than a lawsuit for damages for the
17.15debt, is to proceed against physical goods pledged by the borrower as collateral for the loan.
17.16 (f) "Consumer short-term lender" means an individual or entity engaged in the business
17.17of making or arranging consumer short-term loans, other than a state or federally chartered
17.18bank, savings bank, or credit union. For the purposes of this paragraph, arranging consumer
17.19short-term loans includes but is not limited to any substantial involvement in facilitating,
17.20marketing, lead-generating, underwriting, servicing, or collecting consumer short-term
17.21loans.
17.22Sec. 8. Minnesota Statutes 2024, section 47.601, subdivision 5a, is amended to read:
17.23 Subd. 5a.No evasion.(a) A person must not engage in any device, subterfuge, or pretense
17.24to evade the requirements of this section, including but not limited to:
17.25 (1) making loans disguised as a personal property sale and leaseback transaction;
17.26 (2) representing that an advance is not a loan because the advance (i) is nonrecourse,
17.27(ii) is repaid with assigned wages or other present or future income, or (iii) may be not
17.28subject to certain collection methods, credit reporting, or repayment demands;
17.29 (2) (3) disguising loan proceeds as a cash rebate for the pretextual installment sale of
17.30goods or services; or
17.31 (3) (4) making, offering, assisting, or arranging for a debtor to obtain a loan with a greater
17.32rate or amount of interest, consideration, charge, or payment than is permitted by this section
17Article 4 Sec. 8.
REVISOR RSI/VJ 25-0280802/25/25 18.1through any method, including mail, telephone, Internet, or any electronic means, regardless
18.2of whether a person has a physical location in Minnesota.
18.3 (b) A person is a consumer short-term loan lender subject to the requirements of this
18.4section notwithstanding the fact that a person purports to act as an agent or service provider,
18.5or acts in another capacity for another person that is not subject to this section, if a person:
18.6 (1) directly or indirectly holds, acquires, or maintains the predominant economic interest,
18.7risk, or reward in a loan or lending business; or
18.8 (2) both: (i) markets, solicits, brokers, arranges, or facilitates a loan; and (ii) holds or
18.9holds the right, requirement, or first right of refusal to acquire loans, receivables, or other
18.10direct or interest in a loan.
18.11 (c) A person is a consumer short-term loan lender subject to the requirements of this
18.12section if the totality of the circumstances indicate that a person is a lender and the transaction
18.13is structured to evade the requirements of this section. Circumstances that weigh in favor
18.14of a person being a lender in a transaction include but are not limited to instances where a
18.15person:
18.16 (1) indemnifies, insures, or protects a person not subject to this section from any costs
18.17or risks related to a loan;
18.18 (2) predominantly designs, controls, or operates lending activity;
18.19 (3) holds the trademark or intellectual property rights in the brand, underwriting system,
18.20or other core aspects of a lending business; or
18.21 (4) purports to act as an agent or service provider, or acts in another capacity, for a person
18.22not subject to this section while acting directly as a lender in one or more states.
18.23Sec. 9. Minnesota Statutes 2024, section 47.601, subdivision 7, is amended to read:
18.24 Subd. 7.Attorney general Enforcement.The commissioner of commerce must enforce
18.25this section under section 45.027 and the attorney general shall must enforce this section
18.26under section 8.31.
18Article 4 Sec. 9.
REVISOR RSI/VJ 25-0280802/25/25 19.1 Sec. 10. Minnesota Statutes 2024, section 80A.58, is amended to read:
19.2 80A.58 SECTION 403; INVESTMENT ADVISER REGISTRATION
19.3REQUIREMENT AND EXEMPTIONS.
19.4 (a) Registration requirement. It is unlawful for a person to transact business in this
19.5state as an investment adviser or investment adviser representative unless the person is
19.6registered under this chapter or is exempt from registration under subsection (b).
19.7 (b) Exemptions from registration. The following persons are exempt from the
19.8registration requirement of subsection (a):
19.9 (1) any person whose only clients in this state are:
19.10 (A) federal covered investment advisers, investment advisers registered under this
19.11chapter, or broker-dealers registered under this chapter;
19.12 (B) bona fide preexisting clients whose principal places of residence are not in this state
19.13if the investment adviser is registered under the securities act of the state in which the clients
19.14maintain principal places of residence; or
19.15 (C) any other client exempted by rule adopted or order issued under this chapter;
19.16 (2) a person without a place of business in this state if the person has had, during the
19.17preceding 12 months, not more than five clients that are resident in this state in addition to
19.18those specified under paragraph (1);
19.19 (3) A private fund advisor adviser, subject to the additional requirements of subsection
19.20(c), if the private fund adviser satisfies each of the following conditions:
19.21 (i) neither the private fund adviser nor any of its advisory affiliates are subject to a
19.22disqualification as described in Rule 262 of SEC Regulation A, Code of Federal Regulations,
19.23title 17, section 230.262;
19.24 (ii) the private fund adviser files with the state each report and amendment thereto that
19.25an exempt reporting adviser is required to file with the Securities and Exchange Commission
19.26pursuant to SEC Rule 204-4, Code of Federal Regulations, title 17, section 275.204-4; or
19.27and
19.28 (iii) the private fund adviser pays the fees under section 80A.65, subdivision 2b; or
19.29 (4) any other person exempted by rule adopted or order issued under this chapter.
19.30 (c) Additional requirements for private fund advisers to certain 3(c)(1) funds. In
19.31order to qualify for the exemption described in subsection (b)(3), a private fund adviser
19Article 4 Sec. 10.
REVISOR RSI/VJ 25-0280802/25/25 20.1who advises at least one 3(c)(1) fund that is not a venture capital fund shall, in addition to
20.2satisfying each of the conditions specified in subsection (b)(3), comply with the following
20.3requirements:
20.4 (1) The private fund adviser shall advise only those 3(c)(1) funds, other than venture
20.5capital funds, whose outstanding securities, other than short-term paper, are beneficially
20.6owned entirely by persons who, after deducting the value of the primary residence from the
20.7person's net worth, would each meet the definition of a qualified client in SEC Rule 205-3,
20.8Code of Federal Regulations, title 17, section 275.205-3, at the time the securities are
20.9purchased from the issuer;
20.10 (2) At the time of purchase, the private fund adviser shall disclose the following in
20.11writing to each beneficial owner of a 3(c)(1) fund that is not a venture capital fund:
20.12 (i) all services, if any, to be provided to individual beneficial owners;
20.13 (ii) all duties, if any, the investment adviser owes to the beneficial owners; and
20.14 (iii) any other material information affecting the rights or responsibilities of the beneficial
20.15owners; and
20.16 (3) The private fund adviser shall obtain on an annual basis audited financial statements
20.17of each 3(c)(1) fund that is not a venture capital fund and shall deliver a copy of such audited
20.18financial statements to each beneficial owner of the fund.
20.19 (d) Federal covered investment advisers. If a private fund adviser is registered with
20.20the Securities and Exchange Commission, the adviser shall not be eligible for the private
20.21fund adviser exemption under paragraph (b), clause (3), and shall comply with the state
20.22notice filing requirements applicable to federal covered investment advisers in section
20.2380A.58.
20.24 (e) Investment adviser representatives. A person is exempt from the registration
20.25requirements of section 80A.58, paragraph (a), if he or she is employed by or associated
20.26with an investment adviser that is exempt from registration in this state pursuant to the
20.27private fund adviser exemption under paragraph (b), clause (3), and does not otherwise
20.28engage in activities that would require registration as an investment adviser representative.
20.29 (f) Electronic filings. The report filings described in subsection (b)(3)(ii) shall be made
20.30electronically through the IARD. A report shall be deemed filed when the report and the
20.31fee required by sections 80A.60 and 80A.65 are filed and accepted by the IARD on the
20.32state's behalf.
20Article 4 Sec. 10.
REVISOR RSI/VJ 25-0280802/25/25 21.1 (g) Transition. An investment adviser who becomes ineligible for the exemption provided
21.2by this section must comply with all applicable laws and rules requiring registration or
21.3notice filing within 90 days from the date of the investment adviser's eligibility for this
21.4exemption ceases.
21.5 (h) Grandfathering for investment advisers to 3(c)(1) funds with nonqualified
21.6clients. An investment adviser to a 3(c)(1) fund (other than a venture capital fund) that has
21.7one or more beneficial owners who are not qualified clients as described in paragraph (c),
21.8clause (1), is eligible for the exemption contained in paragraph (b), clause (3), if the following
21.9conditions are satisfied:
21.10 (1) the subject fund existed prior to August 1, 2013;
21.11 (2) as of August 1, 2013, the subject fund ceases to accept beneficial owners who are
21.12not qualified clients, as described in paragraph (c), clause (1);
21.13 (3) the investment adviser discloses in writing the information described in paragraph
21.14(c), clause (2), to all beneficial owners of the fund; and
21.15 (4) as of August 1, 2013, the investment adviser delivers audited financial statements
21.16as required by paragraph (c), clause (3).
21.17 (i) Limits on employment or association. It is unlawful for an investment adviser,
21.18directly or indirectly, to employ or associate with an individual to engage in an activity
21.19related to investment advice in this state if the registration of the individual is suspended
21.20or revoked or the individual is barred from employment or association with an investment
21.21adviser, federal covered investment adviser, or broker-dealer by an order under this chapter,
21.22the Securities and Exchange Commission, or a self-regulatory organization, unless the
21.23investment adviser did not know, and in the exercise of reasonable care could not have
21.24known, of the suspension, revocation, or bar. Upon request from the investment adviser and
21.25for good cause, the administrator, by order, may waive, in whole or in part, the application
21.26of the prohibitions of this subsection to the investment adviser.
21.27Sec. 11. Minnesota Statutes 2024, section 80A.65, subdivision 2, is amended to read:
21.28 Subd. 2.Registration application and renewal filing fee.Every applicant for an initial
21.29or renewal registration shall pay a filing fee of $200 in the case of a broker-dealer, $65 in
21.30the case of an agent, $100 in the case of an investment adviser, and $50 in the case of an
21.31investment adviser representative. When an application is denied or withdrawn, the filing
21.32fee shall be retained. A registered agent who has terminated employment with one
21.33broker-dealer shall, before beginning employment with another broker-dealer, pay a transfer
21Article 4 Sec. 11.
REVISOR RSI/VJ 25-0280802/25/25 22.1fee of $25 $65. A registered investment adviser representative who has terminated
22.2employment with one investment adviser must, before beginning employment with another
22.3investment adviser, pay a $50 transfer fee.
22.4 Sec. 12. Minnesota Statutes 2024, section 80A.65, is amended by adding a subdivision to
22.5read:
22.6 Subd. 2b.Private fund adviser filings.A private fund adviser must pay a $100 filing
22.7fee when filing an initial or renewal notice required under section 80A.58.
22.8 Sec. 13. EFFECTIVE DATE; TRANSITION PROVISION.
22.9 The amendments to Minnesota Statutes, section 47.60, in this article are effective August
22.101, 2025. An entity that filed and was approved under Minnesota Statutes, section 47.60,
22.11before August 1, 2025, must file a renewal application that complies with Minnesota Statutes,
22.12section 47.60, as amended by this article, between November 1, 2025, and December 31,
22.132025, for activity occurring on or after January 1, 2026.
22.14 ARTICLE 5
22.15 MINNESOTA PREMIUM SECURITY PLAN
22.16Section 1. Minnesota Statutes 2024, section 62E.21, is amended by adding a subdivision
22.17to read:
22.18 Subd. 2a.Assessment."Assessment" means the amount an eligible carrier under the
22.19plan must pay to the association for operational costs, administrative costs, and reinsurance
22.20payments relating to initiating and operating the plan.
22.21Sec. 2. Minnesota Statutes 2024, section 62E.23, subdivision 1, is amended to read:
22.22 Subdivision 1.Administration of plan.(a) The association is Minnesota's reinsurance
22.23entity to administer the state-based reinsurance program referred to as the Minnesota premium
22.24security plan.
22.25 (b) The association may apply for any available federal funding for the plan. All funds
22.26received by or appropriated to the association shall be deposited in the premium security
22.27plan account in section 62E.25, subdivision 1. The association shall notify the chairs and
22.28ranking minority members of the legislative committees with jurisdiction over health and
22.29human services and insurance within ten days of receiving any federal funds.
22Article 5 Sec. 2.
REVISOR RSI/VJ 25-0280802/25/25 23.1 (c) The association must collect or access data from an eligible health carrier that are
23.2necessary to determine reinsurance payments, according to the data requirements under
23.3subdivision 5, paragraph (c).
23.4 (d) The board must not use any funds allocated to the plan for staff retreats, promotional
23.5giveaways, excessive executive compensation, or promotion of federal or state legislative
23.6or regulatory changes.
23.7 (e) For each applicable benefit year, the association must notify eligible health carriers
23.8of reinsurance payments to be made for the applicable benefit year no later than June 30 of
23.9the year following the applicable benefit year.
23.10 (f) On a quarterly basis during the applicable benefit year, the association must provide
23.11each eligible health carrier with the calculation of total reinsurance payment requests.
23.12 (g) By August 15 of the year following the applicable benefit year, the association must
23.13disburse all applicable reinsurance payments to an eligible health carrier.
23.14 (h) The association must collect assessments from eligible carriers to pay for the
23.15Minnesota premium security plan no later than June 30 of the year following the applicable
23.16benefit year. The association must use the assessments collected under this paragraph to
23.17pay the operational costs, administrative costs, and reinsurance payments of the plan not
23.18covered by federal funding for the plan. By March 1 each year, the association must provide
23.19each member with an estimate of the member's assessment for the upcoming applicable
23.20benefit year. The association must notify each member of the member's assessment for the
23.21applicable benefit year not later than June 30 of the year following the applicable benefit
23.22year.
23.23Sec. 3. Minnesota Statutes 2024, section 62E.23, subdivision 2, is amended to read:
23.24 Subd. 2.Payment parameters.(a) The board must design and adjust the payment
23.25parameters to ensure the payment parameters:
23.26 (1) will stabilize or reduce premium rates in the individual market;
23.27 (2) will increase participation in the individual market;
23.28 (3) will improve access to health care providers and services for those in the individual
23.29market;
23.30 (4) mitigate the impact high-risk individuals have on premium rates in the individual
23.31market;
23.32 (5) take into account any federal funding available for the plan; and
23Article 5 Sec. 3.
REVISOR RSI/VJ 25-0280802/25/25 24.1 (6) take into account assessments imposed on eligible carriers; and
24.2 (6) (7) take into account the total amount available to fund the plan.
24.3 (b) The attachment point for the plan is the threshold amount for claims costs incurred
24.4by an eligible health carrier for an enrolled individual's covered benefits in a benefit year,
24.5beyond which the claims costs for benefits are eligible for reinsurance payments. The
24.6attachment point shall be set by the board at $50,000 or more, but not exceeding the
24.7reinsurance cap.
24.8 (c) The coinsurance rate for the plan is the rate at which the association will reimburse
24.9an eligible health carrier for claims incurred for an enrolled individual's covered benefits
24.10in a benefit year above the attachment point and below the reinsurance cap. The coinsurance
24.11rate shall be set by the board at a rate between 50 and 80 percent.
24.12 (d) The reinsurance cap is the threshold amount for claims costs incurred by an eligible
24.13health carrier for an enrolled individual's covered benefits, after which the claims costs for
24.14benefits are no longer eligible for reinsurance payments. The reinsurance cap shall be set
24.15by the board at $250,000 or less.
24.16 (e) The board may adjust the payment parameters to the extent necessary to secure
24.17federal approval of the state innovation waiver request in Laws 2017, chapter 13, article 1,
24.18section 8.
24.19Sec. 4. Minnesota Statutes 2024, section 62E.23, subdivision 3, is amended to read:
24.20 Subd. 3.Operation.(a) The board shall propose to the commissioner the payment
24.21parameters for the next benefit year by January 15 of the year before the applicable benefit
24.22year. The commissioner shall approve or reject the payment parameters no later than 14
24.23days following the board's proposal. If the commissioner fails to approve or reject the
24.24payment parameters within 14 days following the board's proposal, the proposed payment
24.25parameters are final and effective.
24.26 (b) If the amount in the premium security plan account in section 62E.25, subdivision
24.271, is not anticipated to be adequate to fully fund the approved payment parameters as of
24.28July 1 of the year before the applicable benefit year, the board, in consultation with the
24.29commissioner and the commissioner of management and budget, shall propose payment
24.30parameters within the available appropriations or assess members to obtain the necessary
24.31funding. The commissioner must permit an eligible health carrier to revise an applicable
24.32rate filing based on the final payment parameters for the next benefit year.
24Article 5 Sec. 4.
REVISOR RSI/VJ 25-0280802/25/25 25.1 (c) Notwithstanding paragraph (a), the payment parameters for benefit years 2023 through
25.22027 are:
25.3 (1) an attachment point of $50,000;
25.4 (2) a coinsurance rate of 80 percent; and
25.5 (3) a reinsurance cap of $250,000.
25.6 Sec. 5. Minnesota Statutes 2024, section 62E.24, subdivision 1, is amended to read:
25.7 Subdivision 1.Accounting.The board must keep an accounting for each benefit year
25.8of all:
25.9 (1) funds appropriated for reinsurance payments and administrative and operational
25.10expenses;
25.11 (2) requests for reinsurance payments received from eligible health carriers;
25.12 (3) assessments collected from eligible carriers;
25.13 (3) (4) reinsurance payments made to eligible health carriers; and
25.14 (4) (5) administrative and operational expenses incurred for the plan.
25.15Sec. 6. Minnesota Statutes 2024, section 62E.24, subdivision 2, is amended to read:
25.16 Subd. 2.Reports.(a) The board must submit to the commissioner and to the chairs and
25.17ranking minority members of the legislative committees with jurisdiction over commerce
25.18and health and make available to the public quarterly reports on plan operations and an
25.19annual report summarizing the plan operations for each benefit year. All reports must be
25.20made public by posting the report on the Minnesota Comprehensive Health Association
25.21website. The annual summary must be made available by November 1 of the year following
25.22the applicable benefit year or 60 calendar days following the final disbursement of
25.23reinsurance payments for the applicable benefit year, whichever is later.
25.24 (b) The reports must include information about:
25.25 (1) the reinsurance parameters used;
25.26 (2) the metal levels affected;
25.27 (3) the number of claims payments estimated and submitted for payment per products
25.28offered on-exchange and off-exchange and per eligible health carrier;
25.29 (4) the estimated reinsurance payments by plan type based on carrier-submitted templates;
25Article 5 Sec. 6.
REVISOR RSI/VJ 25-0280802/25/25 26.1 (5) funds appropriated for reinsurance payments and administrative and operational
26.2expenses for each year, including the federal and state contributions received, investment
26.3income, assessments collected from eligible carriers, and any other revenue or funds received;
26.4 (6) the total amount of reinsurance payments made to each eligible health carrier; and
26.5 (7) administrative and operational expenses incurred for the plan, including the total
26.6amount incurred and as a percentage of the plan's operational budget.
26.7 Sec. 7. Minnesota Statutes 2024, section 62E.25, subdivision 1, is amended to read:
26.8 Subdivision 1.Premium security plan account.The premium security plan account is
26.9created in the special revenue fund of the state treasury. Funds in the account are appropriated
26.10annually may include annual appropriations made to the commissioner of commerce for
26.11grants to the Minnesota Comprehensive Health Association for the operational and
26.12administrative costs and reinsurance payments relating to the start-up and operation of the
26.13Minnesota premium security plan, as well as money received from assessments made under
26.14section 62E.23. Notwithstanding section 11A.20, all investment income and all investment
26.15losses attributable to the investment of the premium security plan account shall be credited
26.16to the premium security plan account.
26.17Sec. 8. Minnesota Statutes 2024, section 62E.25, is amended by adding a subdivision to
26.18read:
26.19 Subd. 4.Assessments.(a) The association must deposit assessments collected from
26.20eligible carriers into the security plan account under subdivision 1 to pay for operational
26.21costs, administrative costs, and reinsurance payments relating to initiating and operating
26.22the plan.
26.23 (b) The association must pay for operational costs, administrative costs, and reinsurance
26.24payments relating to initiating and operating the plan using available money in the security
26.25plan account, subject to the following order of the deposited money's source:
26.26 (1) federal funding received for the plan; and
26.27 (2) assessments from eligible carriers.
26.28Sec. 9. [62E.26] STATE INNOVATION WAIVER.
26.29 Subdivision 1.Waiver application submission.The commissioner of commerce must
26.30apply to the United States Secretary of Health and Human Services and the United States
26.31Secretary of the Treasury under United States Code, title 42, section 18052, for a state
26Article 5 Sec. 9.
REVISOR RSI/VJ 25-0280802/25/25 27.1innovation waiver to extend the Minnesota premium security plan for benefit years beginning
27.2January 1, 2028, and future years to maximize federal funding. The waiver application must
27.3clearly state that operation of the Minnesota premium security plan is contingent on approval
27.4of the waiver request and receipt of federal funding for the basic health program in an
27.5amount that is no less than the amount that the basic health program otherwise would have
27.6received absent the waiver.
27.7 Subd. 2.Consultation.When developing the waiver application under this section, the
27.8commissioner must consult with the commissioner of human services, the commissioner
27.9of health, and the director of MNsure.
27.10 Subd. 3.Notification.The commissioner must notify the chairs and ranking minority
27.11members of the legislative committees with jurisdiction over health and human services
27.12and insurance, and the board of directors of the Minnesota Comprehensive Health
27.13Association, regarding (1) the commissioner's intent to submit a waiver application, and
27.14(2) federal action taken with respect to the waiver request.
27.15 Subd. 4.Waiver denial; plan implementation prohibition.If the state innovation
27.16waiver request submitted under subdivision 1 is not approved or if the federal funding for
27.17the basic health program is less than the amount that the basic health program otherwise
27.18would have received absent the waiver, the association is prohibited from administering the
27.19plan and providing reinsurance payments to eligible health carriers.
27.20 ARTICLE 6
27.21 ENERGY POLICY
27.22Section 1. Minnesota Statutes 2024, section 116C.7792, is amended to read:
27.23 116C.7792 SOLAR ENERGY PRODUCTION INCENTIVE PROGRAM.
27.24 (a) The utility subject to section 116C.779 shall operate a program to provide solar
27.25energy production incentives for solar energy systems of no more than a total aggregate
27.26nameplate capacity of 40 kilowatts alternating current per premise. The owner of a solar
27.27energy system installed before June 1, 2018, is eligible to receive a production incentive
27.28under this section for any additional solar energy systems constructed at the same customer
27.29location, provided that the aggregate capacity of all systems at the customer location does
27.30not exceed 40 kilowatts.
27.31 (b) The program is funded by money withheld from transfer to the renewable development
27.32account under section 116C.779, subdivision 1, paragraphs (b) and (e). Program funds must
27Article 6 Section 1.
REVISOR RSI/VJ 25-0280802/25/25 28.1be placed in a separate account for the purpose of the solar energy production incentive
28.2program operated by the utility and not for any other program or purpose.
28.3 (c) Funds allocated to the solar energy production incentive program in 2019 and 2020
28.4remain available to the solar energy production incentive program.
28.5 (d) The following amounts are allocated to the solar energy production incentive program:
28.6 (1) $10,000,000 in 2021;
28.7 (2) $10,000,000 in 2022;
28.8 (3) $5,000,000 in 2023;
28.9 (4) $11,250,000 in 2024;
28.10 (5) $6,250,000 in 2025; and
28.11 (6) $5,000,000 each year, beginning in 2026 through 2035.
28.12 (e) Notwithstanding the Department of Commerce's November 14, 2018, decision in
28.13Docket No. E002/M-13-1015 regarding operation of the utility's solar energy production
28.14incentive program, half of the amounts allocated each year under paragraph (d), clauses (3),
28.15(4), and (5), and (6), must be reserved for solar energy systems whose installation meets
28.16the eligibility standards for the low-income program established in the November 14, 2018,
28.17decision or successor decisions of the department. All other program operations of the solar
28.18energy production incentive program are governed by the provisions of the November 14,
28.192018, decision or successor decisions of the department.
28.20 (f) Funds allocated to the solar energy production incentive program that have not been
28.21committed to a specific project at the end of a program year remain available to the solar
28.22energy production incentive program.
28.23 (g) Any unspent amount remaining on January 1, 2028 2038, must be transferred to the
28.24renewable development account.
28.25 (h) A solar energy system receiving a production incentive under this section must be
28.26sized to less than 120 percent of the customer's on-site annual energy consumption when
28.27combined with other distributed generation resources and subscriptions provided under
28.28section 216B.1641 associated with the premise. The production incentive must be paid for
28.29ten years commencing with the commissioning of the system.
28.30 (i) The utility must file a plan to operate the program with the commissioner of commerce.
28.31The utility may not operate the program until it is approved by the commissioner. A change
28.32to the program to include projects up to a nameplate capacity of 40 kilowatts or less does
28Article 6 Section 1.
REVISOR RSI/VJ 25-0280802/25/25 29.1not require the utility to file a plan with the commissioner. Any plan approved by the
29.2commissioner of commerce must not provide an increased incentive scale over prior years
29.3unless the commissioner demonstrates that changes in the market for solar energy facilities
29.4require an increase.
29.5 Sec. 2. Minnesota Statutes 2024, section 216C.09, is amended to read:
29.6 216C.09 COMMISSIONER DUTIES.
29.7 (a) The commissioner shall:
29.8 (1) manage the department as the central repository within the state government for the
29.9collection of data on energy;
29.10 (2) prepare and adopt an emergency allocation plan specifying actions to be taken in the
29.11event of an impending serious shortage of energy, or a threat to public health, safety, or
29.12welfare;
29.13 (3) undertake a continuing assessment of trends in the consumption of all forms of energy
29.14and analyze the social, economic, and environmental consequences of these trends;
29.15 (4) carry out energy conservation and efficiency measures as specified by the legislature
29.16and recommend to the governor and the legislature additional energy policies and energy
29.17conservation measures and efficiency programming as required to meet the objectives of
29.18this chapter;
29.19 (5) collect and analyze data relating to present and future demands and resources for all
29.20sources of energy;
29.21 (6) evaluate policies governing the establishment of rates and prices for energy as related
29.22to energy conservation and energy efficiency, and other goals and policies of this chapter,
29.23and make recommendations for changes in energy pricing policies and rate schedules;
29.24 (7) study the impact and relationship of the state energy policies to international, national,
29.25and regional energy policies;
29.26 (8) design and implement a state program for the energy conservation of energy and
29.27efficiency; this the program shall must include but is not be limited to, general commercial,
29.28industrial, and residential, and transportation areas; such the program shall must also provide
29.29for the evaluation of energy systems as they relate to lighting, heating, refrigeration, air
29.30conditioning, building design and operation, and appliance manufacturing and operation;
29Article 6 Sec. 2.
REVISOR RSI/VJ 25-0280802/25/25 30.1 (9) inform and educate the public about the sources and uses of energy and the ways in
30.2which persons Minnesotans can transition to a clean energy future, conserve energy, and
30.3save money;
30.4 (10) dispense funds made available for the purpose of research studies and projects of
30.5professional and civic orientation, which are related to either energy conservation, resource
30.6recovery, or the development of alternative energy technologies which conserve
30.7nonrenewable energy resources while creating minimum environmental impact;
30.8 (11) charge other governmental departments and agencies involved in energy-related
30.9activities with specific information gathering goals and require that those goals be met;
30.10 (12) design a comprehensive program for the development of indigenous energy
30.11resources. The program shall include, but not be limited to, providing technical,
30.12informational, educational, and financial services and materials to persons, businesses,
30.13municipalities, and organizations involved in the development of primary and emerging
30.14energy sources, including but not limited to solar, wind, hydropower, peat, fiber fuels,
30.15biomass, and other alternative energy resources. The program shall be evaluated by the
30.16alternative energy technical activity; and
30.17 (13) dispense loans, grants, or other financial aid resources from money received from
30.18litigation or a settlement of alleged violations of federal petroleum-pricing regulations made
30.19available to the department for that purpose.
30.20 (b) Further, the commissioner may participate fully in hearings before the Public Utilities
30.21Commission on matters pertaining to rate design, cost allocation, efficient resource utilization,
30.22utility conservation investments, small power production, cogeneration, and other rate issues.
30.23The commissioner shall support the policies stated in section 216C.05 and shall prepare
30.24and defend testimony proposed to encourage energy conservation improvements as defined
30.25in section 216B.241.
30.26Sec. 3. Minnesota Statutes 2024, section 216C.10, is amended to read:
30.27 216C.10 COMMISSIONER POWERS.
30.28 (a) The commissioner may:
30.29 (1) adopt rules under chapter 14 as necessary to carry out the purposes of this chapter;
30.30 (2) make all contracts under this chapter and do all things necessary to cooperate with
30.31the United States government, and to qualify for, accept, and disburse any grant intended
30.32to administer this chapter;
30Article 6 Sec. 3.
REVISOR RSI/VJ 25-0280802/25/25 31.1 (3) provide on-site technical assistance to units of local government in order to enhance
31.2local capabilities for dealing with energy problems to provide energy-related financial
31.3resources, planning, outreach, and engagement;
31.4 (4) administer for the state, energy programs under federal law, regulations, or guidelines,
31.5and coordinate the programs and activities with other state agencies, units of local
31.6government, and educational institutions;
31.7 (5) develop a state energy investment plan with yearly energy conservation and alternative
31.8energy development goals, investment targets, and marketing strategies;
31.9 (6) perform market analysis studies relating to conservation, alternative and renewable
31.10energy resources, and energy recovery;
31.11 (7) assist with the preparation of proposals for innovative conservation, renewable,
31.12alternative, or energy recovery projects;
31.13 (8) manage and disburse funds made available for the purpose of research studies or
31.14demonstration projects related to energy conservation or other activities deemed appropriate
31.15by the commissioner;
31.16 (9) intervene in certificate of need proceedings before the Public Utilities Commission;
31.17 (10) collect fees from recipients of loans, grants, or other financial aid from money
31.18received from litigation or settlement of alleged violations of federal petroleum-pricing
31.19regulations, which fees must be used to pay the department's costs in administering those
31.20financial aids; and
31.21 (11) collect fees from proposers and operators of conservation and other energy-related
31.22programs that are reviewed, evaluated, or approved by the department, other than proposers
31.23that are political subdivisions or community or nonprofit organizations, to cover the
31.24department's cost in making the reviewal, evaluation, or approval and in developing additional
31.25programs for others to operate.
31.26 (b) Notwithstanding any other law, the commissioner is designated the state agent to
31.27apply for, receive, and accept federal or other funds made available to the state for the
31.28purposes of this chapter.
31.29Sec. 4. Minnesota Statutes 2024, section 216C.11, is amended to read:
31.30 216C.11 ENERGY CONSERVATION INFORMATION CENTER.
31.31 (a) The commissioner shall must establish an Energy Information Center in the
31.32department's offices in St. Paul department. The information center shall must maintain a
31Article 6 Sec. 4.
REVISOR RSI/VJ 25-0280802/25/25 32.1toll-free telephone information service and disseminate printed materials on energy
32.2conservation topics, including but not limited to, availability of loans and other public and
32.3private financing methods for energy conservation physical improvements, the techniques
32.4and materials used to conserve energy in buildings, including retrofitting or upgrading
32.5insulation and installing weatherstripping, the projected prices and availability of different
32.6sources of energy, and alternative sources of energy physical, virtual, and mobile information
32.7service that collects, analyzes, and disseminates energy resources, data, technical assistance
32.8and expertise, financial assistance, connections, and information on a variety of energy
32.9topics relevant to Minnesota consumers, businesses, Tribal and local governments, and
32.10community organizations. The information center must be accessible and responsive to
32.11public inquiries, and must conduct proactive outreach.
32.12 The Energy Information Center shall serve as the official Minnesota Alcohol Fuels
32.13Information Center and shall disseminate information, printed, by the toll-free telephone
32.14information service, or otherwise on the applicability and technology of alcohol fuels.
32.15 The information center shall include information on the potential hazards of energy
32.16conservation techniques and improvements in the printed materials disseminated. The
32.17commissioner shall not be liable for damages arising from the installation or operation of
32.18equipment or materials recommended by the information center.
32.19 (b) The information center shall must use the information collected under section
32.20216C.02, subdivision 1, to maintain a central source of information on energy conservation,
32.21energy efficiency, and other energy-related programs, including both programs required by
32.22law or rule and programs developed and carried on voluntarily.
32.23Sec. 5. Minnesota Statutes 2024, section 216C.12, is amended to read:
32.24 216C.12 ENERGY CONSERVATION PUBLICITY LITERACY.
32.25 (a) The commissioner, in consultation with other affected agencies or departments shall,
32.26must develop informational materials, pamphlets and radio and television messages and
32.27messaging on energy conservation and housing energy efficiency programs available in
32.28Minnesota, renewable energy resources, and energy supply and demand. The printed materials
32.29shall include information on available tax credits for residential energy conservation
32.30measures, residential retrofitting loan and grant programs, and data on the economics of
32.31energy conservation and renewable resource measures. Copies of printed materials shall be
32.32distributed to members of the appropriate standing committees of the legislature. The
32.33commissioner must use modern and current outreach strategies and media to distribute the
32.34informational materials and messaging to the widest possible audience.
32Article 6 Sec. 5.
REVISOR RSI/VJ 25-0280802/25/25 33.1 (b) The informational materials must promote energy literacy for individuals and
33.2communities to help individuals and communities make informed decisions on topics ranging
33.3from smart energy use at home and consumer choices to national and international energy
33.4policy. The informational materials must include but are not limited to information on energy
33.5sources, energy generation, energy use, energy conservation strategies, the energy workforce
33.6sector, and state and federal energy-related programs administered by the department.
33.7 Sec. 6. Minnesota Statutes 2024, section 216C.391, subdivision 1, is amended to read:
33.8 Subdivision 1.Definitions.(a) For the purposes of this section, the following terms have
33.9the meanings given.
33.10 (b) "Competitive funds" means federal funds awarded to selected applicants based on
33.11the grantor's evaluation of the strength of an application measured against all other
33.12applications.
33.13 (c) "Disadvantaged community" has the meaning given by the federal agency disbursing
33.14federal funds.
33.15 (d) "Eligible entity" means an entity located in Minnesota that is eligible to receive
33.16federal funds, tax credits, loans, or an entity that has at least one Minnesota-based partner,
33.17as determined by the grantor of the federal funds, tax credits, or loans.
33.18 (e) "Federal funds" means federal formula or competitive funds available for award to
33.19applicants for energy projects under the Infrastructure Investment and Jobs Act, Public Law
33.20117-58, or the Inflation Reduction Act of 2022, Public Law 117-169.
33.21 (f) "Formula funds" means federal funds awarded to all eligible applicants on a
33.22noncompetitive basis.
33.23 (g) "Loans" means federal loans from loan funds authorized or funded in the Inflation
33.24Reduction Act of 2022, Public Law 117-169.
33.25 (h) "Match" means the amount of state nonfederal money a successful grantee in
33.26Minnesota is required to contribute to a project as a condition of receiving federal funds.
33.27 (i) "Political subdivision" has the meaning given in section 331A.01, subdivision 3.
33.28 (j) "Project" means the activities proposed to be undertaken by an eligible entity awarded
33.29federal funds and are located in Minnesota or will directly benefit Minnesotans.
33.30 (k) "Tax credits" means federal tax credits authorized in the Inflation Reduction Act of
33.312022, Public Law 117-169.
33Article 6 Sec. 6.
REVISOR RSI/VJ 25-0280802/25/25 34.1 (l) "Tribal government" has the meaning given in section 116J.64, subdivision 4.
34.2 Sec. 7. Minnesota Statutes 2024, section 216C.391, subdivision 3, is amended to read:
34.3 Subd. 3.Grant awards; eligible entities; priorities.(a) Grants may be awarded under
34.4this section to eligible entities in accordance with the following order of priorities:
34.5 (1) federal formula funds directed to the state that require a match;
34.6 (2) federal funds directed to a political subdivision or a Tribal government that require
34.7a match;
34.8 (3) federal funds directed to an institution of higher education, a consumer-owned utility,
34.9a business, or a nonprofit organization that require a match;
34.10 (4) federal funds directed to investor-owned utilities that require a match;
34.11 (5) federal funds directed to an eligible entity not included in clauses (1) to (4) that
34.12require a match; and
34.13 (6) all other grant opportunities directed to eligible entities that do not require a match
34.14but for which the commissioner determines that a grant made under this section is likely to
34.15enhance the likelihood of an applicant receiving federal funds, or to increase the potential
34.16amount of federal funds received.
34.17 (b) By November 15, 2023, the commissioner must develop and publicly post, and report
34.18to the chairs and ranking minority members of the legislative committees with jurisdiction
34.19over energy finance, the federal energy grant funds that are eligible for state matching funds
34.20under this section.
34.21 (c) Notwithstanding Minnesota Statutes, section 16B.98, subdivision 5, paragraph (b),
34.22a grant made under this section may exceed five years.
34.23 ARTICLE 7
34.24 WEIGHTS & MEASURES POLICY
34.25Section 1. [239.90] RETAIL ELECTRIC VEHICLE SUPPLY EQUIPMENT.
34.26 Subdivision 1.Definitions.(a) For purposes of this section, the following terms have
34.27the meanings given.
34.28 (b) "Electric vehicle supply equipment" or "EVSE" means a conductor, including an
34.29ungrounded, grounded, and equipment grounding conductor, electric vehicle connector,
34.30attachment plug, and other fitting, device, power outlet, or apparatus installed specifically
34Article 7 Section 1.
REVISOR RSI/VJ 25-0280802/25/25 35.1to measure, deliver, and compute the price of electrical energy delivered to an electric
35.2vehicle.
35.3 (c) "Electricity sold as vehicle fuel" means electrical energy transferred to or stored
35.4onboard an electric vehicle primarily to propel the electric vehicle.
35.5 (d) "Fixed service" means a service that continuously provides the nominal power that
35.6is possible with the equipment as installed.
35.7 (e) "Nominal power" means the intended, named, or stated, as opposed to the actual,
35.8rate of electrical energy transfer.
35.9 (f) "Variable service" means a service that may be controlled, resulting in periods of
35.10reduced or interrupted transfer of electrical energy.
35.11 Subd. 2.Inspection; fees.The director must inspect a retail EVSE annually or as often
35.12as is possible given budgetary and staffing limitations. The director must charge an EVSE
35.13owner a $100 fee to inspect and test each EVSE charging port.
35.14 Subd. 3.EVSE program account; appropriation.An EVSE program account is created
35.15in the special revenue fund of the state treasury. The commissioner must credit to the account
35.16fees collected from inspections under this section and appropriations and transfers made to
35.17the account. Earnings, including interest, dividends, and any other earnings arising from
35.18assets of the account, must be credited to the account. Money in the account is appropriated
35.19to the commissioner to pay for operations of the EVSE program.
35.20 Subd. 4.Method of sale.(a) Electrical energy kept, offered, or exposed for sale and
35.21sold at retail as a vehicle fuel must be expressed in kilowatt-hour units.
35.22 (b) In addition to the price per kilowatt-hour for the quantity of electrical energy sold,
35.23a fee may be assessed for other services. A fee assessed for another service may be a fixed
35.24fee or may be based on time measurement.
35.25 Subd. 5.Labeling.(a) A computing EVSE must display the unit price in whole cents
35.26or tenths of one cent, based on the price per kilowatt-hour. If the electrical energy is unlimited
35.27or free of charge, the computing EVSE must clearly indicate that the electrical energy is
35.28unlimited or free of charge in lieu of the unit price.
35.29 (b) For a fixed service application, the following information must be conspicuously
35.30displayed or posted on the face of the device:
35.31 (1) the level of electric vehicle service, expressed as the nominal power transfer; and
35.32 (2) the type of electrical energy transfer.
35Article 7 Section 1.
REVISOR RSI/VJ 25-0280802/25/25 36.1 (c) If a fee is assessed for other services in direct connection with fueling the vehicle,
36.2including but not limited to a fee based on time measurement or a fixed fee, the additional
36.3fee must be displayed.
36.4 (d) An EVSE must be labeled in a manner that complies with Federal Trade
36.5Commissioner labeling requirements for alternative fuels and alternative fueled vehicles,
36.6Code of Federal Regulations, title 16, part 309.
36.7 (e) An EVSE must be listed and labeled in a manner that complies with the National
36.8Electric Code NFPA 70, Article 625, Electric Vehicle Charging Systems.
36.9 Subd. 6.Advertising; sign prices.(a) When a sign or device is used to advertise the
36.10price of electricity to fuel a vehicle, the price for electrical energy must be expressed in
36.11price per kilowatt-hour, in whole cents or tenths of one cent. If the electrical energy is
36.12unlimited or free of charge, advertising or sign must clearly indicate that the electrical energy
36.13is unlimited or free of charge in lieu of the unit price.
36.14 (b) If more than one electrical energy unit price may apply over the duration of a single
36.15transaction or sale to the general public, the terms and conditions that determine each unit
36.16price and the times each unit price apply must be clearly displayed.
36.17 (c) For a fixed service application, the following information must be conspicuously
36.18displayed or posted:
36.19 (1) the level of electric vehicle service, expressed as the nominal power transfer; and
36.20 (2) the type of electrical energy transfer.
36.21 (d) For a variable service application, the following information must be conspicuously
36.22displayed or posted:
36.23 (1) the type of delivery;
36.24 (2) the minimum and maximum power transfer that may occur during a transaction,
36.25including whether service may be reduced to zero;
36.26 (3) the conditions under which a variation in electrical energy transfer occurs; and
36.27 (4) the type of electrical energy transfer.
36.28 (e) If a fee is assessed for other services in direct connection with the fueling of the
36.29vehicle, including but not limited to a fee based on time measurement or a fixed fee, the
36.30additional fee must be included on all street signs or other advertising.
36Article 7 Section 1.
REVISOR RSI/VJ 25-0280802/25/25 37.1 Subd. 7.Administrative rulemaking.For purposes of this section, the commissioner
37.2may use the expedited rulemaking process under section 14.389 to adopt administrative
37.3rules that incorporate the 2025 version of NIST Handbook 44 into Minnesota Rules, chapter
37.47601.
37.5 ARTICLE 8
37.6 CANNABIS POLICY
37.7 Section 1. Minnesota Statutes 2024, section 342.17, is amended to read:
37.8 342.17 SOCIAL EQUITY APPLICANTS.
37.9 (a) An applicant qualifies as a social equity applicant if the applicant:
37.10 (1) was convicted of, received a stay of adjudication under chapter 609 for, or was
37.11adjudicated delinquent under chapter 260B of an offense involving the possession or sale
37.12of cannabis or marijuana prior to May 1, 2023;
37.13 (2) had a parent, guardian, child, spouse, or dependent who was convicted of an offense
37.14involving the possession or sale of cannabis or marijuana prior to May 1, 2023;
37.15 (3) was a dependent of an individual who was convicted of an offense involving the
37.16possession or sale of cannabis or marijuana prior to May 1, 2023;
37.17 (4) is a military veteran, including a service-disabled veteran, current or former member
37.18of the national guard;
37.19 (5) is a military veteran or current or former member of the national guard who lost
37.20honorable status due to an offense involving the possession or sale of cannabis or marijuana;
37.21 (6) has been a resident for the last five years of one or more subareas, such as census
37.22tracts or neighborhoods:
37.23 (i) that experienced a disproportionately large amount of cannabis enforcement as
37.24determined by the study conducted by the office pursuant to section 342.04, paragraph (b),
37.25or another report based on federal or state data on arrests or convictions;
37.26 (ii) where the poverty rate was 20 percent or more;
37.27 (iii) where the median family income did not exceed 80 percent of the statewide median
37.28family income or, if in a metropolitan area, did not exceed the greater of 80 percent of the
37.29statewide median family income or 80 percent of the median family income for that
37.30metropolitan area;
37Article 8 Section 1.
REVISOR RSI/VJ 25-0280802/25/25 38.1 (iv) where at least 20 percent of the households receive assistance through the
38.2Supplemental Nutrition Assistance Program; or
38.3 (v) where the population has a high level of vulnerability according to the Centers for
38.4Disease Control and Prevention and Agency for Toxic Substances and Disease Registry
38.5(CDC/ATSDR) Social Vulnerability Index; or
38.6 (7) has participated in the business operation of a farm for at least three years and
38.7currently provides the majority of the day-to-day physical labor and management of a farm
38.8that had gross farm sales of at least $5,000 but not more than $100,000 in the previous year.
38.9 (b) The qualifications described in paragraph (a) apply to each individual applicant or,
38.10in the case of a business entity, apply to at least 65 percent of the controlling ownership of
38.11the business entity.
38.12Sec. 2. Minnesota Statutes 2024, section 342.37, is amended by adding a subdivision to
38.13read:
38.14 Subd. 2a.Cannabis testing facility licenses.(a) Pending an applicant's accreditation
38.15by a laboratory accrediting organization approved by the office, the office may issue or
38.16renew a cannabis testing facility license for an applicant that is a person, cooperative, or
38.17business if the applicant:
38.18 (1) submits documentation to the office demonstrating that the applicant has a signed
38.19contract with a laboratory accreditation organization approved by the office, has scheduled
38.20an audit, and is making progress toward accreditation by a laboratory accrediting organization
38.21approved by the office according to the standards of the most recent edition of ISO/IEC
38.2217025: General Requirements for the Competence of Testing and Calibration Laboratories;
38.23 (2) passes a final site inspection conducted by the office; and
38.24 (3) meets all other licensing requirements according to chapter 342 and Minnesota Rules.
38.25 (b) After receiving a license under this section, a license holder may operate a cannabis
38.26testing facility up to one year with pending accreditation status.
38.27 (c) If, after one year, a license holder continues to have pending accreditation status, the
38.28license holder may apply for a onetime extension to continue operations for up to six months.
38.29The office may grant an extension under this paragraph to a license holder if the license
38.30holder:
38.31 (1) passes a follow-up site inspection conducted by the office;
38Article 8 Sec. 2.
REVISOR RSI/VJ 25-0280802/25/25 39.1 (2) submits an initial audit report from a laboratory accrediting organization approved
39.2by the office; and
39.3 (3) submits any additional information requested by the office.
39.4 (d) The office may revoke a cannabis testing facility license held by a license holder
39.5with pending accreditation status if the office determines or has reason to believe that the
39.6license holder:
39.7 (1) is not making progress toward accreditation; or
39.8 (2) has violated a cannabis testing requirement, an ownership requirement, or an
39.9operational requirement in chapter 342 or Minnesota Rules.
39.10 (e) The office must not issue or renew a cannabis testing facility license under this
39.11subdivision for a license holder if the license holder's accreditation has been suspended or
39.12revoked by a laboratory accrediting organization.
39.13Sec. 3. Minnesota Statutes 2024, section 342.37, is amended by adding a subdivision to
39.14read:
39.15 Subd. 2b.Loss of accreditation.(a) A license holder must report loss of accreditation
39.16to the office within 24 hours of receiving notice of the loss of accreditation.
39.17 (b) The office must immediately revoke a license holder's license upon receiving notice
39.18that the license holder has lost accreditation.
39Article 8 Sec. 3.
REVISOR RSI/VJ 25-0280802/25/25 Page.Ln 1.17COMMERCE FINANCE.......................................................................ARTICLE 1
Page.Ln 7.10CLIMATE AND ENERGY FINANCE..................................................ARTICLE 2
Page.Ln 10.2RENEWABLE DEVELOPMENT ACCOUNT APPROPRIATIONS....ARTICLE 3
Page.Ln 11.25FINANCIAL INSTITUTIONS POLICY...............................................ARTICLE 4
Page.Ln 22.14MINNESOTA PREMIUM SECURITY PLAN.....................................ARTICLE 5
Page.Ln 27.20ENERGY POLICY.................................................................................ARTICLE 6
Page.Ln 34.23WEIGHTS & MEASURES POLICY....................................................ARTICLE 7
Page.Ln 37.5CANNABIS POLICY............................................................................ARTICLE 8
1
APPENDIX
Article locations for 25-02808