Legislative Session number- 85

Bill Name: HF3538

HF 3538

FIRST ENGROSSMENT

Start-up and emerging Minnesota businesses
investment credit provided.

Section 1: Minnesota small business investment
company credit language is provided.
Subdivision 1. Definitions.
Subdivision 2.
Certification.
Subdivision 3. Requirements.
Subdivision 4. Aggregate limitations
on investment credits; allocation.
Subdivision 5. Requirements for continuance
of certification.
Subdivision 6. Minnesota small business investment company
reporting requirements.
Subdivision 7. Distributions.
Subdivision 8.
Decertification.
Subdivision 9. Revocation of certification.
Subdivision 10.
Registration requirements.
Subdivision 11. Reports to governor and
legislature.

Section 2: Minnesota small business investment company credit
language is provided.

SNA 3/19/08