HF 3041 Minnesota House · 2025-2026 Regular Session

Business impact analysis of proposed legislation provided, and money appropriated.

HF 3041 requires Minnesota's Legislative Budget Office to create business impact notes for proposed bills upon request by committee leaders. These notes must detail the financial effects and regulatory changes (like fees, licenses, or reporting requirements) on small businesses - defined as entities with fewer than 100 employees. The bill appropriates $ for the Legislative Budget Office to cover the costs of preparing these analyses. The notes must clearly explain assumptions, estimate whether regulatory burdens increase or decrease, and identify less costly alternatives if possible. This process aims to provide transparency about how new laws might affect small businesses before they become law.
Bill status in committee 1 of 4 stages cleared
Introduction
Apr 2025
Committee Review
Floor Vote
Governor
Introduced Apr 2, 2025 Last action Apr 2, 2025
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Apr 2, 2025
Introduced
Introduction and first reading, referred to State Government Finance and Policy
lower
1 primary · 4 co-sponsors

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