1.1 A bill for an act
1.2 relating to labor; modifying the contractor recovery fund to include private
1.3 residential pools; amending Minnesota Statutes 2024, section 326B.89, subdivision
1.4 1.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.6 Section 1. Minnesota Statutes 2024, section 326B.89, subdivision 1, is amended to read:
1.7 Subdivision 1.Definitions.(a) For the purposes of this section, the following terms have
1.8the meanings given them.
1.9 (b) "Gross annual receipts" means the total amount derived from residential contracting
1.10or residential remodeling activities, regardless of where the activities are performed, and
1.11must not be reduced by costs of goods sold, expenses, losses, or any other amount.
1.12 (c) "Licensee" means a person licensed as a residential contractor or residential remodeler.
1.13 (d) "Residential real estate" means a new or existing building constructed for habitation
1.14by one to four families, and includes detached garages intended for storage of vehicles
1.15associated with the residential real estate, and private residential pools connected with the
1.16residential real estate, which are controlled and used by the owner or the owner's family or
1.17invited guests and are not used as part of a business.
1.18 (e) "Fund" means the contractor recovery fund.
1.19 (f) "Owner" when used in connection with real property, means a person who has any
1.20legal or equitable interest in real property and includes a condominium or townhome
1.21association that owns common property located in a condominium building or townhome
1.22building or an associated detached garage. Owner does not include any real estate developer
1Section 1.
REVISOR SS/MI 25-0099612/19/24
State of Minnesota
This Document can be made available
in alternative formats upon request
HOUSE OF REPRESENTATIVES
H. F. No. 929
NINETY-FOURTH SESSION
Authored by Nash and Johnson, W.,02/17/2025
The bill was read for the first time and referred to the Committee on Workforce, Labor, and Economic Development Finance and Policy 2.1or any owner using, or intending to use, the property for a business purpose and not as
2.2owner-occupied residential real estate.
2.3 (g) "Cycle One" means the time period between July 1 and December 31.
2.4 (h) "Cycle Two" means the time period between January 1 and June 30.
2Section 1.
REVISOR SS/MI 25-0099612/19/24