SF 4632
Introduction - 94th Legislature (2025 - 2026)
Posted on 03/24/2026 10:20 a.m.
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A bill for an act
relating to commerce; modifying the strengthen Minnesota homes program;
appropriating money; amending Minnesota Statutes 2024, section 65A.299,
subdivisions 5, 6.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Section 1.
Minnesota Statutes 2024, section 65A.299, subdivision 5, is amended to read:
Subd. 5.
Use of grants.
(a) A grant under this section must be used to retrofit an insurable
property.
(b) Grant money provided under this section must not be used for maintenance or repairs,
but may be used in conjunction with repairs or reconstruction necessitated by damage from
wind or hail.
(c) A project funded by a grant under this section must be completed within deleted text begin threedeleted text end new text begin sixnew text end
months of the date the grant is approved. Failure to complete the project in a timely manner
may result in forfeiture of the grant.
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(d) As a condition of receiving a grant under this section, the commissioner must certify
to the insurer providing the homeowner's insurance policy that the property meets applicable
program standards. A homeowner whose property already meets program standards at the
time the application is submitted is eligible for a premium discount, rate reduction, or both.
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(e) The program must confirm that the homeowner's insurer provides a premium discount,
rate reduction, or both pursuant to section 65A.298 for properties that meet program
standards, including properties that met the standards before receiving a grant and properties
that never received a grant.
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Sec. 2.
Minnesota Statutes 2024, section 65A.299, subdivision 6, is amended to read:
Subd. 6.
Applicant eligibility.
The commissioner must develop (1) administrative
procedures to implement this section, and (2) criteria used to determine whether an applicant
is eligible for a grant under this sectionnew text begin , including preference for homeowners whose
household income is at or below 115 percent of the area median income, as determined by
the United States Department of Housing and Urban Developmentnew text end .
Sec. 3. new text begin APPROPRIATION.
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$35,000,000 in fiscal year 2026 is appropriated from the general fund to the strengthen
Minnesota homes account under Minnesota Statutes, section 65A.299, subdivision 4, to
issue grants and administer the program. This is a onetime appropriation.
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