HF 3437 Minnesota House · 2025-2026 Regular Session

Application of certain residential mortgage loan fees and penalties modified.

HF 3437 modifies Minnesota's rules on residential mortgage loan fees and penalties. It clarifies that these rules apply only to loans made primarily for personal, family, or household purposes, not all residential loans. The bill affects both in-state and out-of-state mortgage originators operating in Minnesota. The changes take effect August 1, 2026, applying to loans executed on or after that date. This amendment narrows the scope of existing fee and penalty restrictions.

Bill status signed all 5 stages cleared

Introduction

Feb 2026

Committee Review

Apr 2026

House Passage

Apr 2026

Senate Passage

Apr 2026

Signed into Law

Apr 2026

Introduced Feb 17, 2026 Signed Apr 29, 2026

Maddy AI version diff · 3 comparisons

What changed between versions

1st Unofficial Engrossment → 2nd Engrossment · 1 edit · Apr 24, 2026

MINOR

The bill text was updated from the '1st Unofficial Engrossment' to the '2nd Engrossment,' reflecting the bill's progression through the legislative process. The primary change is the revision of the posting date from April 20, 2026, to April 29, 2026, indicating that the bill was amended or finalized in committee between these dates.

TECHNICAL

The document title and versioning were updated to reflect the new '2nd Engrossment' status, and the official posting date was changed to April 29, 2026.

Floor votes · House Apr 13, 2026

How they voted

This bill passed the Senate by voice vote (no roll call recorded).

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

Apr 29, 2026

Signed into law

Governor's action Approval 04/29/26

executive

Apr 29, 2026

Introduced

Secretary of State, Filed 04/29/2026

lower

Apr 29, 2026

Signed into law

Governor approval 04/29/2026

executive

Apr 23, 2026

Lower · Passed

Bill was repassed as amended by the Senate

lower

Apr 23, 2026

Introduced

Motion to concur with Senate amendments

lower

Apr 23, 2026

Introduced

Returned from Senate with amendment

lower

Apr 20, 2026

Upper · Passed

Third reading Passed as amended

upper

Apr 20, 2026

Upper · Passed

Amended

upper

Apr 20, 2026

Introduced

Special Order: Rule 45 amendment stricken

upper

Apr 15, 2026

Introduced

Comm report: Rule 45-amend, subst. General Orders SF4168

upper

Apr 14, 2026

Committee

Referred to Rules and Administration for comparison with SF4168, now on General Orders

upper

Apr 14, 2026

Introduced

Introduction and first reading

upper

Apr 14, 2026

Introduced

Received from House

upper

Apr 13, 2026

Lower · Passed

Bill was passed

lower

Apr 7, 2026

Lower · Passed

Committee report, to adopt as amended

lower

Feb 17, 2026

Introduced

Introduction and first reading, referred to Commerce Finance and Policy

lower

1 primary · 1 co-sponsor