Bill > SF2475

This bill appropriates $20,000 in state funds for each of two fiscal years (2026 and 2027) from Minnesota's general fund to pay membership dues for the state to join the National Council of Insurance Legislators (NCOIL). NCOIL is a national organization of state legislators who work on insurance-related policy and legislation. The appropriation is designated as "onetime," meaning it is a temporary, limited-duration funding allocation specifically for these two fiscal years. The funds will be managed by the commissioner of commerce, who will use them to cover Minnesota's membership fees in this interstate legislative organization. This appropriation will enable Minnesota to participate in and benefit from NCOIL's collaborative efforts to develop model insurance laws and share best practices among state insurance regulators and lawmakers.

Business and Industry

https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF2475&ssn=0&y=2025