Bill
Bill > SF2216
summary
Introduced
03/06/2025
03/06/2025
In Committee
04/25/2025
04/25/2025
Crossed Over
04/24/2025
04/24/2025
Passed
Dead
Introduced Session
94th Legislature 2025-2026
Bill Summary
A bill for an act relating to commerce; establishing a budget for the Department of Commerce; adding, modifying, and eliminating various provisions governing insurance, financial institutions, commercial regulations and consumer protection, and telecommunications; modifying cannabis provisions; modifying fees assessed by the Department of Commerce; establishing a common interest community ombudsperson and a common interest community register; classifying data; making technical changes; appropriating money; amending Minnesota Statutes 2024, sections 45.027, subdivisions 1, 2, by adding a subdivision; 45.24; 46A.04; 47.20, subdivisions 2, 4a, 8; 47.77; 53B.61; 55.07, by adding a subdivision; 58B.02, subdivision 8a; 58B.051; 60A.201, subdivision 2, by adding a subdivision; 60C.09, subdivision 2; 60D.09, by adding a subdivision; 60D.15, subdivisions 4, 7, by adding subdivisions; 60D.16, subdivision 2; 60D.17, subdivision 1; 60D.18, subdivision 3; 60D.19, subdivision 4, by adding subdivisions; 60D.20, subdivision 1; 60D.217; 60D.22, subdivisions 1, 3, 6, by adding a subdivision; 60D.24, subdivision 2; 60D.25; 62A.31, subdivisions 1r, 1w; 62A.65, subdivisions 1, 2, by adding a subdivision; 62D.12, subdivisions 2, 2a; 62D.121, subdivision 1; 62D.221, by adding a subdivision; 62J.26, subdivisions 1, 2, 3, by adding subdivisions; 62Q.73, subdivision 4; 65A.01, subdivision 3c; 72A.20, by adding a subdivision; 80A.65, subdivision 2; 80A.66; 80E.12; 82.63, subdivision 2; 116.943, subdivisions 1, 5; 168.27, by adding a subdivision; 216B.40; 216B.62, by adding a subdivision; 325E.3892, subdivisions 1, 2; 325F.072, subdivision 3; 325G.24, subdivision 2; 334.01, subdivision 2; 342.17; 342.37, by adding subdivisions; Laws 2023, chapter 63, article 9, section 5; proposing coding for new law in Minnesota Statutes, chapters 45; 60D; 62A; 168A; 216B; 237; 239; 325E; 325F; 515B.
AI Summary
This bill is an omnibus commerce and consumer protections policy and appropriations measure that covers multiple areas of commerce regulation. Here's a comprehensive summary:
This bill establishes budgets and makes policy changes across several key areas, with significant provisions including: appropriating approximately $41.3 million to the Department of Commerce for fiscal years 2026 and 2027, with allocations for various divisions including financial institutions, administrative services, enforcement, telecommunications, and insurance; allocating $37-40 million to the Office of Cannabis Management for testing, community renewal grants, and industry support; creating a new Common Interest Community Ombudsperson position to help resolve disputes between unit owners and associations; implementing new consumer protection regulations around chemicals like PFAS in various products; establishing labeling requirements for menstrual products; modifying insurance and financial institution regulations; creating new rules for electric vehicle charging stations and vehicle title transfers; and providing technical changes to various existing statutes.
The bill includes notable consumer and business-friendly provisions such as: allowing easier vehicle title transfers for insurers, establishing a common interest community register, creating more transparent labeling for menstrual products, restricting the use of certain chemicals in consumer goods, and providing support for cannabis industry community renewal. It also makes technical changes to improve regulatory oversight in financial services, insurance, and other commercial sectors.
The appropriations and policy changes will impact various state agencies, businesses, and consumers across multiple industries, with most provisions becoming effective between 2024 and 2026.
Committee Categories
Budget and Finance, Business and Industry
Sponsors (2)
Last Action
House conferees Her; Elkins; O'Driscoll; Rymer (on 05/06/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
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