Debt buyer definition modification provision and Undue Medical Debt grant appropriation

This bill modifies Minnesota's definition of a "debt buyer" to clarify that businesses purchasing unpaid medical bills for collection purposes are considered debt buyers, while excluding nonprofits buying accounts for charitable reasons. It appropriates $5 million from the general fund for a one-time grant to Undue Medical Debt, a nonprofit organization, to relieve medical debt for eligible Minnesotans who couldn't pay after hospitals completed reasonable collection efforts. The grant is available until June 30, 2028, and requires Undue Medical Debt to report recipient data to the Commerce Commissioner and Attorney General. The bill directly affects debt collection practices and provides targeted financial relief for residents burdened by unaffordable medical bills.