Minnesota Session Laws - 1995, Regular Session

                            CHAPTER 200-H.F.No. 1211 
                  An act relating to public contractors' performance 
                  bonds; exempting certain manufacturers from 
                  requirements for posting bonds; amending Minnesota 
                  Statutes 1994, section 574.26, by adding a subdivision.
        BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
           Section 1.  Minnesota Statutes 1994, section 574.26, is 
        amended by adding a subdivision to read: 
           Subd. 1a.  [EXEMPTION; CERTAIN MANUFACTURERS.] Sections 
        574.26 to 574.32 do not apply to a manufacturer of public 
        transit buses that manufactures at least 100 public transit 
        buses in a calendar year.  For purposes of this section, "public 
        transit bus" means a motor vehicle designed to transport people, 
        with a design capacity for carrying more than 40 passengers, 
        including the driver.  The term "public transit bus" does not 
        include a school bus, as defined in section 169.01, subdivision 
        6. 
           Sec. 2.  [EFFECTIVE DATE.] 
           Section 1 is effective the day after final enactment. 
           Presented to the governor May 22, 1995 
           Signed by the governor May 22, 1995, 7:27 p.m.