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HF 2849

2nd Engrossment - 86th Legislature (2009 - 2010) Posted on 04/28/2010 03:23pm

KEY: stricken = removed, old language.
underscored = added, new language.

Bill Text Versions

Engrossments
Introduction Posted on 02/10/2010
1st Engrossment Posted on 04/12/2010
2nd Engrossment Posted on 04/28/2010
Committee Engrossments
2nd Committee Engrossment Posted on 03/26/2010

Current Version - 2nd Engrossment

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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.

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

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

new text begin (a) The Legislative Coordinating Commission must apply to the University of
Minnesota Carlson School of Business or another grant-making organization for a grant to
fund or conduct 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.
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, including special tax provisions that affect the
business' ability to start operations. 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

new text begin (d) If a grant is not received for the comparative study, the Legislative Coordinating
Commission is not responsible for any of the tasks under this section.
new text end