Debt buyer definition provision modification and Undue Medical Debt grant appropriation

This bill modifies Minnesota's definition of "debt buyer" to exclude nonprofit organizations purchasing charged-off debts for charitable purposes. It appropriates $5 million from the general fund for a one-time grant to the nonprofit Undue Medical Debt to relieve medical debt for eligible Minnesotans who couldn't pay after hospitals completed reasonable collection efforts. The funds are available until June 30, 2028, and the nonprofit must report on the number and characteristics of residents receiving debt relief. This directly affects medical debtors and clarifies the regulatory status of charitable debt-buying nonprofits.