HF 2849

as introduced - 86th Legislature (2009 - 2010) Posted on 02/10/2010 03:16pm

A bill for an act
relating to business development; providing for a comparative study of state laws
affecting small business start-ups in Minnesota and Wisconsin; appropriating
money.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1. new text begin COMPARATIVE STUDY OF STATE REGULATION AFFECTING
SMALL BUSINESS START-UPS.
new text end

new text begin (a) $....... is appropriated for fiscal year 2011 from the general fund to the Legislative
Coordinating Commission to fund a grant for a comparative study of the effects of state
regulation on the cost and delay required to start a typical small business in Minnesota
and Wisconsin. This appropriation is available until spent.
new text end

new text begin (b) The study must examine the typical cost and delay required by state regulation in
the two states to start a typical small services business, small retail business, and small
manufacturing business. Within each of those three categories, the study must choose a
specific type of business and follow the start-up process in the two states from beginning
to end, including formation, financing, licensing, permits, reporting requirements,
employment laws, and state and local taxes. The study must result in a written report
submitted to the Legislative Coordinating Commission no later than December 1, 2011.
new text end

new text begin (c) The Legislative Coordinating Commission shall request proposals and choose
the recipient of the grant from among higher education institutions that have a graduate
program in business, business administration, or a similar field. The Legislative
Coordinating Commission shall periodically monitor the recipient's progress on the study
and written report. The Legislative Coordinating Commission shall submit the written
report as a report to the legislature in compliance with Minnesota Statutes, sections 3.195
and 3.197.
new text end