Omnibus Commerce and Consumer Protections policy and appropriations

Related bill: HF2443

Bill text versions

• Introduction PDF file
• 1st Engrossment PDF file
• 1st Engrossment PDF file
• 1st Engrossment PDF file
• 2nd Engrossment PDF file
• 3rd Engrossment PDF file
• 1st Unofficial Engrossment PDF file

Actions

[
  {
    "analysis": {
      "added": [
        "Provision for new enforcement powers."
      ],
      "removed": [
        ""
      ],
      "summary": "This bill modifies enforcement and investigation responsibilities for financial institutions under section 45.027.",
      "modified": [
        "Procedures for handling consumer complaints adjusted."
      ]
    },
    "citation": "45.027",
    "subdivision": "subdivisions 1, 2"
  },
  {
    "analysis": {
      "added": [
        "Clarification on renewal procedures."
      ],
      "removed": [
        ""
      ],
      "summary": "This bill addresses adjustments to the registration requirements for financial service providers under section 45.24.",
      "modified": [
        "Updated fee structure for registration."
      ]
    },
    "citation": "45.24",
    "subdivision": ""
  },
  {
    "analysis": {
      "added": [
        "New disclosure requirements for loan agreements."
      ],
      "removed": [
        "Old penalties for non-compliance."
      ],
      "summary": "This legislation modifies banking and financial regulations under section 47.20.",
      "modified": [
        "Redefines interest rate calculation methods."
      ]
    },
    "citation": "47.20",
    "subdivision": "subdivisions 2, 4a, 8"
  },
  {
    "analysis": {
      "added": [
        ""
      ],
      "removed": [
        ""
      ],
      "summary": "Modifications to electronic fund transfers are addressed under section 53B.61.",
      "modified": [
        "Updated requirements for security protocols."
      ]
    },
    "citation": "53B.61",
    "subdivision": ""
  },
  {
    "analysis": {
      "added": [
        "Clarification on operational hours."
      ],
      "removed": [
        ""
      ],
      "summary": "Regulations around safe deposit boxes are amended in section 55.07.",
      "modified": [
        "Fee structure updated for safe deposit box rental."
      ]
    },
    "citation": "55.07",
    "subdivision": ""
  },
  {
    "analysis": {
      "added": [
        "Consumer protection measures enhanced."
      ],
      "removed": [
        ""
      ],
      "summary": "Consumer loan provisions are adjusted under section 58B.02.",
      "modified": [
        "Alteration in loan processing timelines."
      ]
    },
    "citation": "58B.02",
    "subdivision": "subdivision 8a"
  },
  {
    "analysis": {
      "added": [
        "New subsection on policyholder rights."
      ],
      "removed": [
        ""
      ],
      "summary": "Insurance regulations for consumer disclosures are updated in section 60A.201.",
      "modified": [
        "Enhancement of policy disclosure requirements."
      ]
    },
    "citation": "60A.201",
    "subdivision": "subdivision 2"
  },
  {
    "analysis": {
      "added": [
        "Expansion of coverage definitions."
      ],
      "removed": [
        ""
      ],
      "summary": "Insurance coverage stipulations are revised under section 60C.09.",
      "modified": [
        "Adjustment in terms of coverage duration."
      ]
    },
    "citation": "60C.09",
    "subdivision": "subdivision 2"
  },
  {
    "analysis": {
      "added": [
        "Introduction of notification requirements for large transactions."
      ],
      "removed": [
        ""
      ],
      "summary": "Regulation of insurer transactions are revisited under section 60D.09.",
      "modified": [
        "Procedures for interfacing with regulatory bodies."
      ]
    },
    "citation": "60D.09",
    "subdivision": ""
  },
  {
    "analysis": {
      "added": [
        "New guidelines for preventive service coverage."
      ],
      "removed": [
        ""
      ],
      "summary": "Health care policy requirements are modified under section 62A.31.",
      "modified": [
        "Amended documentation requirements for claims."
      ]
    },
    "citation": "62A.31",
    "subdivision": "subdivisions 1r, 1w"
  },
  {
    "analysis": {
      "added": [
        ""
      ],
      "removed": [
        ""
      ],
      "summary": "This bill addresses biofuel content standards under section 239.791.",
      "modified": [
        "Adjustment in biofuel blend requirements."
      ]
    },
    "citation": "239.791",
    "subdivision": "subdivision 8"
  },
  {
    "analysis": {
      "added": [
        "A new program of grants for community projects."
      ],
      "removed": [
        ""
      ],
      "summary": "Cannabis industry community support grants are defined under section 342.70.",
      "modified": [
        "Set new rules for grant application processes."
      ]
    },
    "citation": "342.70",
    "subdivision": ""
  },
  {
    "analysis": {
      "added": [
        "Transfer provisions for community projects."
      ],
      "removed": [
        ""
      ],
      "summary": "Telecommunications infrastructure funding appropriations under section 237.52.",
      "modified": [
        "Realignment of fund usage priorities."
      ]
    },
    "citation": "237.52",
    "subdivision": "subdivision 1"
  }
]

Sponsors

• Matt D. Klein (DFL)
• Rep. Kaohly Her (DFL)