SF 1252 Minnesota Senate · 2025-2026 Regular Session

Report requirement on contractors receiving financing from the Housing Finance Agency

This bill requires Minnesota's Housing Finance Agency to collect and report data on contractors receiving agency financing, specifically adding two new categories: veteran-owned small businesses (as defined in Minnesota law) and LGBTQ-owned businesses certified by the National LGBT Chamber of Commerce. The commissioner must submit an annual report by February 1 of even-numbered years to housing finance committees, detailing the total number and dollar amount of contracts for each business category. The report focuses solely on tracking participation and spending data, not on altering financing rules or eligibility. This affects the Housing Finance Agency in its data collection duties and the contractors who receive agency financing.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 10, 2025 Last action Feb 10, 2025
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Total actions
2
Key actions
0
Committee
1
Feb 10, 2025
Committee
Referred to Housing and Homelessness Prevention
upper
Feb 10, 2025
Introduced
Introduction and first reading
upper
1 primary · 2 co-sponsors

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