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MN HF1646
MN HF1646Definition of debt buyer modified, Undue Medical Debt grant funding provided, reports required, and money appropriated.
summary
Introduced
02/27/2025
02/27/2025
In Committee
02/27/2025
02/27/2025
Crossed Over
Passed
Dead
Introduced Session
94th Legislature 2025-2026
Bill Summary
A bill for an act relating to commerce; modifying the definition of debt buyer; appropriating money for a grant to Undue Medical Debt; requiring reports; amending Minnesota Statutes 2024, section 332.31, subdivision 8.
AI Summary
This bill makes two main changes: first, it modifies the legal definition of a "debt buyer" in Minnesota statutes to exclude nonprofit organizations that purchase charged-off accounts or medical debts for charitable purposes, which clarifies and narrows the existing definition. Second, the bill appropriates $5 million in fiscal year 2026 to the commissioner of commerce specifically to provide a grant to Undue Medical Debt, a nonprofit organization, to help relieve medical debts for eligible Minnesota residents who have been unable to pay their medical bills after reasonable collection efforts have been exhausted. The appropriation is a one-time funding allocation available until June 30, 2028, and requires Undue Medical Debt to provide the commissioner of commerce and the attorney general with detailed information about the characteristics and number of residents whose medical debts are relieved through this grant. The bill's provisions become effective the day after final enactment, allowing for relatively quick implementation of the medical debt relief program.
Committee Categories
Business and Industry
Sponsors (25)
Liz Reyer (D)*,
Kristin Bahner (D),
Kaela Berg (D),
Ethan Cha (D),
Mary Clardy (D),
Steve Elkins (D),
Alex Falconer (D),
Leigh Finke (D),
Jess Hanson (D),
Amanda Hemmingsen-Jaeger (D),
Athena Hollins (D),
Pete Johnson (D),
Katie Jones (D),
Heather Keeler (D),
Liish Kozlowski (D),
Larry Kraft (D),
Fue Lee (D),
Liz Lee (D),
Anquam Mahamoud (D),
María Isa Pérez-Vega (D),
Kristi Pursell (D),
Andy Smith (D),
Samantha Vang (D),
Bianca Virnig (D),
Jay Xiong (D),
Last Action
Author added Finke (on 04/10/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF1646&ssn=0&y=2025 |
BillText | https://www.revisor.mn.gov/bills/text.php?number=HF1646&version=0&session=ls94&session_year=2025&session_number=0&format=pdf |
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