1.1 	A bill for an act
1.2 	relating to commerce; regulating building and construction contracts; prohibiting 
1.3 	certain agreements to insure;amending Minnesota Statutes 2012, section 337.05, 
1.4 	subdivision 1.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. Minnesota Statutes 2012, section 337.05, subdivision 1, is amended to read:
1.7 		Subdivision 1.Agreements valid. (a) Except as otherwise provided in paragraph 
1.8 	(b), sections 337.01 to 337.05 do not affect the validity of agreements whereby a promisor 
1.9 	agrees to provide specific insurance coverage for the benefit of others.
1.10 	(b) An agreement or contract provision that requires a party to provide insurance 
1.11 	coverage to one or more other parties, including third parties, for the negligence or 
1.12 	intentional acts or omissions of any of those parties, including third parties, is against 
1.13 	public policy and is void and unenforceable provided, however, this subdivision shall 
1.14 	not prohibit any agreement or contract provision to obtain project specific insurance, 
1.15 	including, without limitation, builder's risk policies, owner or contractor controlled 
1.16 	insurance programs or policies, workers' compensation policies, or construction 
1.17 	performance or payment bonds. This subdivision does not apply to building and 
1.18 	construction contracts for work within fifty feet of public or private railroads, or railroads 
1.19 	regulated by the Federal Railroad Administration.

1.20 	EFFECTIVE DATE; APPLICATION. This section is effective August 1, 2013, 
1.21 	and applies to agreements entered into on or after that date.