SF 5067
Introduction - 94th Legislature (2025 - 2026)
Posted on 04/10/2026 09:37 a.m.
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12.9
A bill for an act
relating to housing; creating a homeownership opportunity fund, a community and
household stability fund, and a rental opportunity fund; increasing the sales and
use tax rate by three-eighths of one percent; appropriating money for deposit in
the funds; creating councils to direct fund expenditures; providing appointments;
requiring reports; amending Minnesota Statutes 2024, sections 297A.62, subdivision
1; 297A.65; 297F.25, subdivision 1; proposing coding for new law in Minnesota
Statutes, chapters 256K; 462A.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Section 1.
new text begin
[256K.50] COMMUNITY AND HOUSEHOLD STABILITY FUND.
new text end
new text begin Subdivision 1. new text end
new text begin Fund. new text end
new text begin
The community and household stability fund is established. All
money earned by the fund must be credited to the fund.
new text end
new text begin Subd. 2. new text end
new text begin Purpose. new text end
new text begin
The fund is established to help Minnesotans improve the condition
of homes and communities and prevent homelessness and displacement from homes.
new text end
new text begin Subd. 3. new text end
new text begin Appropriation; expenditures. new text end
new text begin
(a) $....... is appropriated annually from the
general fund to the commissioner for use under this section.
new text end
new text begin
(b) Amounts in the fund may be spent for:
new text end
new text begin
(1) emergency assistance for households or individuals that are homeless or at risk of
homelessness or displacement;
new text end
new text begin
(2) legal services for households or individuals that are homeless or at risk of
homelessness or displacement;
new text end
new text begin
(3) outreach services for households or individuals that are homeless or at risk of
homelessness or displacement;
new text end
new text begin
(4) funding the operation of emergency shelters; and
new text end
new text begin
(5) financing the acquisition, rehabilitation, adaptive reuse, or new construction of
property to serve as emergency shelter, transitional housing, or permanent supportive
housing.
new text end
new text begin Subd. 4. new text end
new text begin Audit. new text end
new text begin
The legislative auditor must audit fund expenditures to ensure that the
money is spent for the purposes for which it is dedicated and for which the money was
appropriated.
new text end
new text begin Subd. 5. new text end
new text begin Prevailing wages. new text end
new text begin
Contracts for projects funded by this fund must meet the
requirements of contracts for state projects, as established in section 177.43.
new text end
new text begin EFFECTIVE DATE. new text end
new text begin
This section is effective July 1, 2026.
new text end
Sec. 2.
new text begin
[256K.51] COMMUNITY AND HOUSEHOLD STABILITY COUNCIL.
new text end
new text begin Subdivision 1. new text end
new text begin Establishment. new text end
new text begin
A Community and Household Stability Council is created
to advise on the administration and implementation of the community and household stability
fund under section 256K.50. The Housing Finance Agency must provide administrative
support for the council. The members of the council must elect a chair from the voting
members of the council.
new text end
new text begin Subd. 2. new text end
new text begin Membership; appointment. new text end
new text begin
(a) Three members of the house of representatives,
including two members from the majority party, appointed by the speaker of the house, and
one member from the minority party, appointed by the minority leader, must serve at the
pleasure of the appointing authority as nonvoting members of the council. Three members
of the senate, including two members from the majority party and one member from the
minority party, appointed according to the rules of the senate, must serve at the pleasure of
the appointing authority as nonvoting members of the council.
new text end
new text begin
(b) Twenty-four voting members must be appointed and must include:
new text end
new text begin
(1) one representative of a labor union;
new text end
new text begin
(2) the commissioner of the Housing Finance Agency;
new text end
new text begin
(3) four representatives of organizations that work directly with under-resourced or
underrepresented communities;
new text end
new text begin
(4) four members who receive or previously received support services, emergency rental
assistance, or homeless prevention services;
new text end
new text begin
(5) two members representing a Tribal government;
new text end
new text begin
(6) one member elected to or appointed by the governing body of a local government;
new text end
new text begin
(7) one member that represents either a public housing authority or a housing and
redevelopment authority; and
new text end
new text begin
(8) one member representing the Council on Disability.
new text end
new text begin
(c) Appointments must be made as follows: the governor, the senate majority leader,
and the speaker of the house must each in turn appoint members required under paragraph
(b) until 12 appointments have been made. The governor must appoint an additional eight
members, ensuring that any outstanding requirements under paragraph (b) are satisfied. The
house minority leader and the senate minority leader must then each appoint two members.
Members appointed under this paragraph must not be registered lobbyists or legislators.
new text end
new text begin
(d) Appointing authorities must ensure that appointees represent a diversity of
backgrounds, including racial, ethnic, socioeconomic, and geographic backgrounds.
new text end
new text begin Subd. 3. new text end
new text begin Conflict of interest. new text end
new text begin
A council member may not participate in or vote on a
decision of the council relating to an organization in which the member has either a direct
or indirect personal financial interest. While serving on the council, a member must avoid
any potential conflict of interest.
new text end
new text begin Subd. 4. new text end
new text begin Terms; compensation; removal. new text end
new text begin
The terms of members representing the state
agencies are four years and are coterminous with the governor. The terms of other
nonlegislative members of the council must be as provided in section 15.059, subdivision
2. Members may serve until their successors are appointed and qualify. Compensation and
removal of nonlegislative council members is as provided in section 15.059, subdivisions
3 and 4. Compensation of legislative members is as determined by the appointing authority.
The Department of Human Services may reimburse legislative members for expenses. A
vacancy on the council may be filled by the appointing authority provided in subdivision 2
for the remainder of the unexpired term.
new text end
new text begin Subd. 5. new text end
new text begin Strategic plan. new text end
new text begin
The council must adopt a strategic plan for recommending
policy changes and making expenditures from the community and household stability fund
that further the purpose in section 256K.50, subdivision 2, including identifying the priority
areas for funding for the next six years. The council must issue a revised plan by December
1 each even-numbered year. The strategic plan must have clearly stated short- and long-term
goals and strategies for fund expenditures, must provide measurable outcomes for
expenditures, and must determine areas of emphasis for funding. The council's strategic
plan must detail how the council will engage impacted individuals and communities and
ensure council recommendations support the fund's purpose and the intention to reduce
disparities, support community-based solutions, improve the condition of homes, increase
accessibility, and improve energy and water efficiency.
new text end
new text begin Subd. 6. new text end
new text begin Recommended appropriations. new text end
new text begin
The Community and Household Stability
Council must recommend to the governor and the legislature the manner in which money
from the community and household stability fund should be appropriated for the purposes
stated in section 256K.50.
new text end
new text begin Subd. 7. new text end
new text begin Reports to legislature. new text end
new text begin
(a) By January 15 of each odd-numbered year, the
council must submit a report to the chairs and ranking minority members of the legislative
committees with jurisdiction over housing, homelessness, and taxes on the activities for
which money has been or will be spent for the current biennium and the activities for which
money is recommended to be spent in the next biennium.
new text end
new text begin
(b) By January 15 of each even-numbered year, the council may submit to the legislature
supplemental recommendations on the manner in which money from the community and
household stability fund should be appropriated in the next fiscal year.
new text end
new text begin EFFECTIVE DATE. new text end
new text begin
This section is effective July 1, 2026.
new text end
Sec. 3.
Minnesota Statutes 2024, section 297A.62, subdivision 1, is amended to read:
Subdivision 1.
Generally.
Except as otherwise provided in subdivision 3 or in this
chapter, a sales tax of deleted text begin 6.5deleted text end new text begin 6.875new text end percent is imposed on the gross receipts from retail sales
as defined in section 297A.61, subdivision 4, made in this state or to a destination in this
state by a person who is required to have or voluntarily obtains a permit under section
297A.83, subdivision 1.
new text begin EFFECTIVE DATE. new text end
new text begin
This section is effective for sales and purchases made after June
30, 2026.
new text end
Sec. 4.
Minnesota Statutes 2024, section 297A.65, is amended to read:
297A.65 LOTTERY TICKETS; IN LIEU TAX.
Sales of State Lottery tickets are exempt from the tax imposed under section 297A.62.
The State Lottery must on or before the 20th day of each month transmit to the commissioner
of revenue an amount equal to the gross receipts from the sale of lottery tickets for the
previous month multiplied by deleted text begin the tax rate under section 297A.62, subdivision 1deleted text end new text begin 6.5 percentnew text end .
The resulting payment is in lieu of the sales tax that otherwise would be imposed by this
chapter. The commissioner shall deposit the money transmitted as provided by section
297A.94 and the money must be treated as other proceeds of the sales tax. For purposes of
this section, "gross receipts" means the proceeds of the sale of tickets before deduction of
a commission or other compensation paid to the vendor or retailer for selling tickets.
new text begin EFFECTIVE DATE. new text end
new text begin
This section is effective for sales and purchases made after June
30, 2026.
new text end
Sec. 5.
Minnesota Statutes 2024, section 297F.25, subdivision 1, is amended to read:
Subdivision 1.
Imposition.
(a) A tax is imposed on distributors on the sale of cigarettes
by a cigarette distributor to a retailer or cigarette subjobber for resale in this state. The tax
is equal to deleted text begin the combined tax rate under section 297A.62deleted text end new text begin 6.875 percentnew text end , multiplied by the
weighted average retail price and must be expressed in cents per pack rounded to the nearest
one-tenth of a cent. The weighted average retail price must be determined annually, with
new rates published by November 1, and effective for sales on or after January 1 of the
following year. The weighted average retail price must be established by surveying cigarette
retailers statewide in a manner and time determined by the commissioner. The commissioner
shall make an inflation adjustment in accordance with the Consumer Price Index for all
urban consumers inflation indicator as published in the most recent state budget forecast.
The commissioner shall use the inflation factor for the calendar year in which the new tax
rate takes effect. If the survey indicates that the average retail price of cigarettes has not
increased relative to the average retail price in the previous year's survey, then the
commissioner shall not make an inflation adjustment. The determination of the commissioner
pursuant to this subdivision is not a "rule" and is not subject to the Administrative Procedure
Act contained in chapter 14. For packs of cigarettes with other than 20 cigarettes, the tax
must be adjusted proportionally.
(b) Notwithstanding paragraph (a), and in lieu of a survey of cigarette retailers, the tax
calculation of the weighted average retail price for the sales of cigarettes from August 1,
2011, through December 31, 2011, shall be calculated by: (1) increasing the average retail
price per pack of 20 cigarettes from the most recent survey by the percentage change in a
weighted average of the presumed legal prices for cigarettes during the year after completion
of that survey, as reported and published by the Department of Commerce under section
325D.371; (2) subtracting the sales tax included in the retail price; and (3) adjusting for
expected inflation. The rate must be published by May 1 and is effective for sales after July
31. If the weighted average of the presumed legal prices indicates that the average retail
price of cigarettes has not increased relative to the average retail price in the most recent
survey, then no inflation adjustment must be made. For packs of cigarettes with other than
20 cigarettes, the tax must be adjusted proportionally.
new text begin EFFECTIVE DATE. new text end
new text begin
This section is effective for sales and purchases made after June
30, 2026.
new text end
Sec. 6.
new text begin
[462A.51] HOMEOWNERSHIP OPPORTUNITY FUND.
new text end
new text begin Subdivision 1. new text end
new text begin Fund. new text end
new text begin
The homeownership opportunity fund is established. All money
earned by the fund must be credited to the fund.
new text end
new text begin Subd. 2. new text end
new text begin Purpose. new text end
new text begin
The fund is established to support Minnesotans and the communities
in which they live, to eliminate racial disparities in homeownership, to ensure Minnesotans
can accumulate wealth and assets, and to increase quality of life by helping more first-time
home buyers afford and access homeownership.
new text end
new text begin Subd. 3. new text end
new text begin Appropriation; expenditures. new text end
new text begin
(a) $....... is appropriated annually from the
general fund to the commissioner for use under this section.
new text end
new text begin
(b) Amounts in the fund may be spent for:
new text end
new text begin
(1) financing the acquisition, rehabilitation, adaptive reuse, or new construction of
property to serve as owner-occupied housing, including single-family housing, multifamily
housing containing up to four units, housing on land leased by a community land trust,
condominiums, and cooperatively owned housing, including cooperatively owned
manufactured home parks;
new text end
new text begin
(2) financing the conversion of rental property into owner-occupied property, including
cooperatively owned housing and cooperatively owned manufactured home parks;
new text end
new text begin
(3) down payment assistance;
new text end
new text begin
(4) accessibility grants and loans for owner-occupied housing;
new text end
new text begin
(5) financial assistance to borrowers who are delinquent on mortgage or contract for
deed payments; and
new text end
new text begin
(6) homeownership education, counseling, and training under section 462A.209.
new text end
new text begin Subd. 4. new text end
new text begin Audit. new text end
new text begin
The legislative auditor must audit fund expenditures to ensure that the
money is spent for the purposes for which it is dedicated and for which the money was
appropriated.
new text end
new text begin Subd. 5. new text end
new text begin Prevailing wages. new text end
new text begin
Contracts for projects funded by this fund must meet the
requirements of contracts for state projects, as established in section 177.43.
new text end
new text begin EFFECTIVE DATE. new text end
new text begin
This section is effective July 1, 2026.
new text end
Sec. 7.
new text begin
[462A.52] HOMEOWNERSHIP OPPORTUNITY COUNCIL.
new text end
new text begin Subdivision 1. new text end
new text begin Establishment. new text end
new text begin
A Homeownership Opportunity Council is created to
advise on the administration and implementation of the homeownership opportunity fund
under section 462A.51. The Housing Finance Agency must provide administrative support
for the council. The members of the council must elect a chair from the voting members of
the council.
new text end
new text begin Subd. 2. new text end
new text begin Membership; appointment. new text end
new text begin
(a) Three members of the house of representatives,
including two members from the majority party, appointed by the speaker of the house, and
one member from the minority party, appointed by the minority leader, must serve at the
pleasure of the appointing authority as nonvoting members of the council. Three members
of the senate, including two members from the majority party and one member from the
minority party, appointed according to the rules of the senate, must serve at the pleasure of
the appointing authority as nonvoting members of the council.
new text end
new text begin
(b) Twenty-four voting members must be appointed and must include:
new text end
new text begin
(1) the commissioner of the Housing Finance Agency;
new text end
new text begin
(2) one member that represents either a public housing authority or a housing and
redevelopment authority;
new text end
new text begin
(3) one representative of a labor union;
new text end
new text begin
(4) two members who purchased a Habitat for Humanity home;
new text end
new text begin
(5) two members who purchased a community land trust home;
new text end
new text begin
(6) two members who have been or are manufactured home park residents;
new text end
new text begin
(7) two members who live in a cooperatively owned property;
new text end
new text begin
(8) two representatives of organizations focused on producing new affordable homes
for ownership;
new text end
new text begin
(9) one representative of an organization that provides down payment assistance or home
buyer preparation services to low-income households;
new text end
new text begin
(10) two representatives of organizations that work directly with households on the path
to homeownership;
new text end
new text begin
(11) one member elected to or appointed by the governing body of a local government;
new text end
new text begin
(12) two representatives of a Tribal government;
new text end
new text begin
(13) one person with a disability or one disability advocate; and
new text end
new text begin
(14) one person with practical experience or expertise with both housing and either
energy or climate.
new text end
new text begin
(c) Appointments must be made as follows: the governor, the senate majority leader,
and the speaker of the house must each in turn appoint members required under paragraph
(b) until 12 appointments have been made. The governor must appoint an additional eight
members, ensuring that any outstanding requirements under paragraph (b) are satisfied. The
house minority leader and the senate minority leader must then each appoint two members.
Members appointed under this paragraph must not be registered lobbyists or legislators.
new text end
new text begin
(d) Appointing authorities must ensure that appointees represent a diversity of
backgrounds, including racial, ethnic, socioeconomic, and geographic backgrounds.
new text end
new text begin Subd. 3. new text end
new text begin Conflict of interest. new text end
new text begin
A council member may not participate in or vote on a
decision of the council relating to an organization in which the member has either a direct
or indirect personal financial interest. While serving on the council, a member must avoid
any potential conflict of interest.
new text end
new text begin Subd. 4. new text end
new text begin Terms; compensation; removal. new text end
new text begin
The terms of members representing the state
agencies are four years and are coterminous with the governor. The terms of other
nonlegislative members of the council must be as provided in section 15.059, subdivision
2. Members may serve until their successors are appointed and qualify. Compensation and
removal of nonlegislative council members is as provided in section 15.059, subdivisions
3 and 4. Compensation of legislative members is as determined by the appointing authority.
The agency may reimburse legislative members for expenses. A vacancy on the council
may be filled by the appointing authority provided in subdivision 2 for the remainder of the
unexpired term.
new text end
new text begin Subd. 5. new text end
new text begin Strategic plan. new text end
new text begin
The council must adopt a strategic plan for recommending
policy changes and making expenditures from the homeownership opportunity fund that
further the purpose in section 462A.51, subdivision 2, including identifying the priority
areas for funding for the next six years. The council must issue a revised plan by December
1 of each even-numbered year. The strategic plan must have clearly stated short- and
long-term goals and strategies for fund expenditures, must provide measurable outcomes
for expenditures, and must determine areas of emphasis for funding. The council's strategic
plan must detail how the council will engage impacted individuals and communities and
ensure council recommendations support the fund's purpose and the intention to reduce
disparities, support community-based solutions, improve the condition of homes, increase
accessibility, and improve energy and water efficiency.
new text end
new text begin Subd. 6. new text end
new text begin Recommended appropriations. new text end
new text begin
The Homeownership Opportunity Council
must recommend to the governor and the legislature the manner in which money from the
homeownership opportunity fund should be appropriated for the purposes stated in section
462A.51.
new text end
new text begin Subd. 7. new text end
new text begin Reports to legislature. new text end
new text begin
(a) By January 15 of each odd-numbered year, the
council must submit a report to the chairs and ranking minority members of the legislative
committees with jurisdiction over housing and jurisdiction over taxes on the activities for
which money has been or will be spent for the current biennium and the activities for which
money is recommended to be spent in the next biennium.
new text end
new text begin
(b) By January 15 of each even-numbered year, the council may submit to the legislature
supplemental recommendations on the manner in which money from the homeownership
opportunity fund should be appropriated in the next fiscal year.
new text end
new text begin EFFECTIVE DATE. new text end
new text begin
This section is effective July 1, 2026.
new text end
Sec. 8.
new text begin
[462A.53] RENTAL OPPORTUNITY FUND.
new text end
new text begin Subdivision 1. new text end
new text begin Fund. new text end
new text begin
The rental opportunity fund is established. All money earned by
the fund must be credited to the fund.
new text end
new text begin Subd. 2. new text end
new text begin Purpose. new text end
new text begin
The fund is established to create more homes that Minnesotans can
afford by increasing the supply of affordable rental housing, especially for very low- and
extremely low-income households; reduce the number of low-income households
experiencing housing cost burden by investing in rental assistance; and improve quality of
life by ensuring existing homes are safe, healthy, and resilient.
new text end
new text begin Subd. 3. new text end
new text begin Appropriation; expenditures. new text end
new text begin
(a) $....... is appropriated annually from the
general fund to the commissioner for use under this section.
new text end
new text begin
(b) Amounts in the fund may be spent for:
new text end
new text begin
(1) financing the acquisition, rehabilitation, adaptive reuse, or new construction of
property to serve as rental housing;
new text end
new text begin
(2) rental assistance; and
new text end
new text begin
(3) supportive services to renters and owners of rental property.
new text end
new text begin Subd. 4. new text end
new text begin Audit. new text end
new text begin
The legislative auditor must audit fund expenditures to ensure that the
money is spent for the purposes for which it is dedicated and for which the money was
appropriated.
new text end
new text begin Subd. 5. new text end
new text begin Prevailing wages. new text end
new text begin
Contracts for projects funded by this fund must meet the
requirements of contracts for state projects, as established in section 177.43.
new text end
new text begin EFFECTIVE DATE. new text end
new text begin
This section is effective July 1, 2026.
new text end
Sec. 9.
new text begin
[462A.54] RENTAL OPPORTUNITY COUNCIL.
new text end
new text begin Subdivision 1. new text end
new text begin Establishment. new text end
new text begin
A Rental Opportunity Council is created to advise on
the administration and implementation of the rental opportunity fund under section 462A.53.
The Housing Finance Agency must provide administrative support for the council. The
members of the council must elect a chair from the voting members of the council.
new text end
new text begin Subd. 2. new text end
new text begin Membership; appointment. new text end
new text begin
(a) Three members of the house of representatives,
including two members from the majority party, appointed by the speaker of the house, and
one member from the minority party, appointed by the minority leader, must serve at the
pleasure of the appointing authority as nonvoting members of the council. Three members
of the senate, including two members from the majority party and one member from the
minority party, appointed according to the rules of the senate, must serve at the pleasure of
the appointing authority as nonvoting members of the council.
new text end
new text begin
(b) Twenty-four voting members must be appointed and must include:
new text end
new text begin
(1) the commissioner of the Housing Finance Agency;
new text end
new text begin
(2) one representative of a labor union;
new text end
new text begin
(3) one member that represents either a public housing authority or a housing or
redevelopment authority;
new text end
new text begin
(4) one member living in rental housing who (i) has a disability, and (ii) transitioned out
of congregate care;
new text end
new text begin
(5) one member who is experiencing or has experienced homelessness;
new text end
new text begin
(6) two representatives of a Tribal government;
new text end
new text begin
(7) one representative of a nonprofit housing provider;
new text end
new text begin
(8) one representative of a for-profit housing provider;
new text end
new text begin
(9) one representative of a nonprofit developer of rental housing; and
new text end
new text begin
(10) one representative of a for-profit developer of rental housing.
new text end
new text begin
(c) Appointments must be made as follows: the governor, the senate majority leader,
and the speaker of the house must each in turn appoint members required under paragraph
(b) until 12 appointments have been made. The governor must appoint an additional eight
members, ensuring that any outstanding requirements under paragraph (b) are satisfied. The
house minority leader and the senate minority leader must then each appoint two members.
Members appointed under this paragraph must not be registered lobbyists or legislators.
new text end
new text begin
(d) Appointing authorities must ensure that appointees represent a diversity of
backgrounds, including racial, ethnic, socioeconomic, and geographic backgrounds.
new text end
new text begin Subd. 3. new text end
new text begin Conflict of interest. new text end
new text begin
A council member may not participate in or vote on a
decision of the council relating to an organization in which the member has either a direct
or indirect personal financial interest. While serving on the council, a member must avoid
any potential conflict of interest.
new text end
new text begin Subd. 4. new text end
new text begin Terms; compensation; removal. new text end
new text begin
The terms of members representing the state
agencies are four years and are coterminous with the governor. The terms of other
nonlegislative members of the council must be as provided in section 15.059, subdivision
2. Members may serve until their successors are appointed and qualify. Compensation and
removal of nonlegislative council members is as provided in section 15.059, subdivisions
3 and 4. Compensation of legislative members is as determined by the appointing authority.
The agency may reimburse legislative members for expenses. A vacancy on the council
may be filled by the appointing authority provided in subdivision 2 for the remainder of the
unexpired term.
new text end
new text begin Subd. 5. new text end
new text begin Strategic plan. new text end
new text begin
The council must adopt a strategic plan for recommending
policy changes and making expenditures from the rental opportunity fund that further the
purpose in section 462A.53, subdivision 2, including identifying the priority areas for funding
for the next six years. The council must issue a revised plan by December 1 each
even-numbered year. The strategic plan must have clearly stated short- and long-term goals
and strategies for fund expenditures, must provide measurable outcomes for expenditures,
and must determine areas of emphasis for funding. The council's strategic plan must detail
how the council will engage impacted individuals and communities and ensure council
recommendations support the fund's purpose and the intention to reduce disparities, support
community-based solutions, improve the condition of homes, increase accessibility, and
improve energy and water efficiency.
new text end
new text begin Subd. 6. new text end
new text begin Recommended appropriations. new text end
new text begin
The Rental Opportunity Council must
recommend to the governor and the legislature the manner in which money from the rental
opportunity fund should be appropriated for the purposes stated in section 462A.53 and the
Minnesota Constitution, article XI, section 16.
new text end
new text begin Subd. 7. new text end
new text begin Reports to legislature. new text end
new text begin
(a) By January 15 of each odd-numbered year, the
council must submit a report to the chairs and ranking minority members of the legislative
committees with jurisdiction over housing and jurisdiction over taxes on the activities for
which money has been or will be spent for the current biennium and the activities for which
money is recommended to be spent in the next biennium.
new text end
new text begin
(b) By January 15 of each even-numbered year, the council may submit to the legislature
supplemental recommendations on the manner in which money from the rental opportunity
fund should be appropriated in the next fiscal year.
new text end
new text begin EFFECTIVE DATE. new text end
new text begin
This section is effective July 1, 2026.
new text end