1.1 	A bill for an act
1.2 	relating to housing; modifying municipality rent control provisions;amending 
1.3 	Minnesota Statutes 2008, section 471.9996, subdivision 1.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. Minnesota Statutes 2008, section 471.9996, subdivision 1, is amended to 
1.6 	read:
1.7 		Subdivision 1.In general. No statutory or home rule charter city, county, or 
1.8 	town may adopt or renew by ordinance or otherwise any law to control rents on private 
1.9 	residential property except as provided in subdivision 2. This section does not impair the 
1.10 	right of any statutory or home rule charter city, county, or town:
1.11 	(1) to manage or control property in which it has a financial interest through a 
1.12 	housing authority or similar agency;
1.13 	(2) to manage or control property to which it is providing public assistance and for 
1.14 	a period of time consistent with the term of the public assistance. For purposes of this 
1.15 	section, public assistance is defined as direct subsidies, low-interest loans, tax credits, 
1.16 	bonds, and infrastructure development. The public assistance must be governed by an 
1.17 	agreement between the governmental unit and the developer or owner and specify the term 
1.18 	of the public assistance;
1.19 	(3) to contract with a property owner;
1.20 	(3) (4) to act as required or authorized by laws or regulations of the United States 
1.21 	government or this state; or
1.22 	(4) (5) to mediate between property owners and tenants for the purpose of 
1.23 	negotiating rents.