Various technical changes to the Department of Commerce provisions
This bill makes technical updates to various Minnesota statutes overseen by the Department of Commerce, affecting businesses and organizations regulated under state commerce laws. Key changes include clarifying definitions for ethanol production, updating requirements for bank charter applications, adjusting interest rate limits for depository institutions, and modifying procedures for corporate mergers and consolidations. The legislation also introduces a new registration requirement for lenders operating in Minnesota starting January 1, 2025. These amendments aim to refine existing regulations without fundamentally altering the underlying legal framework governing commerce and financial institutions in the state.
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2026
Committee Review
Floor Vote
Governor
Introduced Mar 11, 2026
Last action Mar 11, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Mar 11, 2026
Committee
Referred to Commerce and Consumer Protection
upper
Mar 11, 2026
Introduced
Introduction and first reading
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Matt Klein
DDemocratic-Farmer-Labor
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