Credit reporting option for tenants provision, credit reporting assistance grants to landlords appropriation, and certain data collection from landlords awarded grants authorization provision

This bill requires landlords with more than ten residential rental units to offer tenants the option to have their on-time rent payments reported to credit bureaus, improving tenants' credit scores. Tenants cannot be forced to participate, charged for the service, or prevented from opting out at any time (with landlords removing them within 30 days). The bill appropriates $500,000 annually for two years to fund grants for landlords covering costs like technology and services, prioritizing landlords with tenants earning 50% or less of area median income. It also mandates the Minnesota Housing Finance Agency to collect data on participation and effectiveness, reporting findings to the legislature by March 2027.