Bill > SF2894

This bill modifies provisions related to supplemental nursing services agencies by updating definitions and oversight requirements in Minnesota Statutes. Specifically, the bill clarifies the definition of "controlling person" by expanding the understanding of ownership interests, introducing two new terms: "direct ownership interest" (defined as an individual or entity with at least five percent equity in capital, stock, or profits) and "indirect ownership interest" (defined as an entity with a direct ownership interest in a registrant). The bill also changes the oversight mechanism for these agencies, shifting from semiannual to biennial (every two years) unannounced surveys by the commissioner. These modifications aim to provide more precise language around agency ownership and streamline the state's regulatory approach to supplemental nursing services agencies, which typically provide temporary nursing staff to healthcare facilities. The changes will help ensure more clarity in identifying who has significant control or financial stake in these agencies while potentially reducing the administrative burden of frequent inspections.

Government Affairs

https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF2894&ssn=0&y=2025