Requirements related to construction impacts on businesses modified, and local business construction impacts assistance program established.

HF 2550 establishes a new Local Business Construction Impacts Assistance Program to support businesses affected by highway and street construction projects in Minnesota. It requires transportation authorities to appoint business liaisons and create communication plans for projects expected to cause "substantial business impacts" (like reduced access, parking, or visibility for at least one month). The program provides financial assistance to eligible businesses experiencing "extensive business impacts" (impairment for 60+ days) due to covered projects, such as highway work in cities or counties. This bill directly affects local businesses near construction zones and aims to mitigate economic disruption through proactive communication and financial support.