SF 2310

1st Engrossment - 86th Legislature (2009 - 2010) Posted on 03/09/2010 12:14pm

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 bordering states;
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,
Iowa, North Dakota, South Dakota, 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 five 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 to study similar types of businesses 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