1.1 	A bill for an act
1.2 	relating to commerce; modifying registration filing for franchises;amending 
1.3 	Minnesota Statutes 2020, section 80C.08, subdivision 1.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. Minnesota Statutes 2020, section 80C.08, subdivision 1, is amended to read:
1.6 		Subdivision 1.Filing; fee. Within 120 days after the fiscal year end of the registrant, 
1.7 	the registrant shall A registration is effective for 12 months from the date the commissioner's 
1.8 	order is issued. A registrant must file a report in the form prescribed by rule of the 
1.9 	commissioner before the end of the registration effective period. A fee of $200 shall 
1.10 	accompany the annual report.

1.11 	EFFECTIVE DATE; APPLICABILITY. This section is effective January 1, 2022, 
1.12 	and applies to initial registrations filed on or after that date.