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May 23, 2023
    [Minnesota Legislature] [Tax Bill Passes House and Senate - Headed to Governor] [Omnibus Commerce Finance and Policy Bill to the Governor - Includes MBA-Sponsored Provisions]
May 12, 2023
    [Minnesota Legislature] [Housing Conference Committee Report Passes House and Senate - Headed to Governor]
May 5, 2023
    [Minnesota Legislature] [House Passes Paid Family and Medical Leave Bill] [Omnibus Commerce Conference Committee Begins Work]
April 28, 2023
    [Senate Tax Omnibus Bill Released, Amended, Sent to the Floor This Week, House Tax Bill Passes House Floor] [House Commerce Omnibus Finance and Policy Bill Passes Last Week] [Cannabis Bill Passed House on Tuesday, Scheduled for Senate Vote]
April 21, 2023
    [House Tax Omnibus Bill] [Senate Commerce Omnibus Finance Bill] [Cannabis Bill] [House/Senate Omnibus Bill - Includes Climate Innovative Finance] [House Housing Omnibus Finance Bill]
April 14, 2023
    [Minnesota Legislature] [Senate Commerce Omnibus Finance Bill on Senate Floor Today] [Update on Employment Bills]
March 31, 2023
    [Minnesota Legislature] [House and Senate Commerce Hear Finance Omnibus Bills - House Language Includes Policy Items] [Cannabis Bill Heard in House Taxes]
March 24, 2023
    [Minnesota Bankers Washington Visit - Timing Couldn't Have Been Better] [Minnesota Legislature] [Senate Commerce Releases Omnibus Policy Bill - MBA Sponsored Language Included] [Bill Introductions]
March 17, 2023
    [Happy Friday and Happy St. Patrick's Day!] [Minnesota Legislature] [Coerced Debt Bill Passes Senate Commerce and House Judiciary] [Bill Introductions]
March 10, 2023
    [Minnesota Legislature] [MBA-Sponsored Bill Heard in House and Senate Commerce Committees] [Coerced Debt Bill Passes House Commerce] [Bill Introductions] [MBA Washington Trip - March 20-22, 2023]
March 3, 2023
    [Minnesota Legislature] [MBA-Sponsored Bill Introduced in House] [Financial Literacy Bills Heard in House and Senate Education Committees] [Super Priority Lien Bill Heard in House Housing Finance and Policy Committee] [Bill Introductions]
February 24, 2023
    [ABA Washington Summit/MBA Washington Visit] [Minnesota Legislature] [MBA-Sponsored Bill Introduced in Senate] [Bill Introductions]
February 17, 2023
    [ABA Washington Summit/MBA Washington Visit March 20-22, 2023] [Minnesota Legislature] [MBA-Sponsored Bill Coming Soon] [Earned Sick and Safe Leave Passes House] [Bill Introductions]
February 10, 2023
    [Minnesota Legislature] [Employment Bills Continue to Move Through Committee Process] [Action Alert - Please Oppose Workforce Mandates] [Bill Introductions] [MBA Washington Trip - March 20-22, 2023]
February 3, 2023
    [Another Successful "Bank Day" at the Capitol in the Books] [Minnesota Legislature] [Employment Bills Continue to Move Through Committee Process] [Paid Family and Medical Leave Bill] [Earned Safe and Sick Leave Bill]
January 27, 2023
    [MBA Bank Day at the Capitol is ONE Week Away] [Minnesota Legislature] [Bill Introductions by the Numbers] [Cannabis Bill Heard in Senate Commerce Committee and Others] [Employment Bills Continue to Move Through Committee Process]
January 20, 2023
    [MBA Bank Day at the Capitol is Two Weeks Away] [Minnesota Legislature] [MBA Gives Banking Overview in House and Senate Commerce Committees] [Employment Bills Heard in House and Senate] [MBA Washington Trip - March 20-22, 2023]
January 13, 2023
    [MBA Bank Day at the Capitol is Three Weeks Away] [Minnesota Legislature] [Legislators Set Committee Deadlines] [Cannabis Bill Heard in House Commerce Committee] [Employment Bills Scheduled for Hearings] [Bill Introductions]
January 6, 2023
    [MBA Bank Day at the Capitol is a Month Away] [Minnesota Legislature] [State Budget] [Federal Tax Conformity Moving Quickly] [House and Senate Commerce Committee Membership] [Bill Introductions] [MBA Washington Trip]
November 21, 2022
    [Senate and House Announce Committees and Chairs] [Senator Klein and Representative Stephenson to Chair Commerce Committees] [Building Relationships] [2023 MBA Bank Day at the Capitol - February 2, 2023] [MBA Washington Trip - March 20-22, 2023]
November 14, 2022
    [2022 - Monday Post-Election Update Minnesota House and Senate Leadership Announced] [Minnesota Legislative Recap] [Senate Leadership] [House Leadership] [Building Relationships] [2023 MBA Bank Day at the Capitol - February 2, 2023]
November 9, 2022
    [2022 – Election Recap] [Democrats Win Big in Minnesota] [Walz Holds on to Governor’s Office and the MN Senate Flips for Complete Control]
November 8, 2022
    [Election Day - Get Out to Vote] [MN Matters - MBA 2022 Post-Election Wrap-Up and Legal Questions]
November 1, 2022
    [Election Day - One Week Away November 8, 2022] [Minnesota Legislature] [Statewide Constitutional and Congressional Races]
August 10, 2022
    [Wrapping Up the Primary and Heading to the General] [Special Election - CD1] [Congressional Races] [Legislative Races] [Looking Ahead]
August 8, 2022
    [Vote Tomorrow in the August 9th Minnesota Primary] [Special General Election in 1st Congressional District] [Know Your Voting Options] [2022 MBA Legislative summary]
May 13, 2022
    [Action Needed to Oppose Credit Union Charter Enhancement Bill] [Minnesota Legislature - Weekly Recap] [Senate Passes Second Tax Bill]
May 6, 2022
    [Minnesota Bankers Return to D.C. After 3 Years for Successful Washington Visit] [Minnesota Legislature - Weekly Recap] [Omnibus Workforce and Business Development Bill Passes House Floor with Commerce and Energy Provisions Included] House Passes
April 29, 2022
    [Minnesota Legislature - Weekly Recap] [Unemployment Insurance Deal] [Commerce and Energy Provisions Rolled Into Omnibus Workforce and Business Development Bill] [Year Round Legislature?]
April 22, 2022
    [Minnesota Legislature - Weekly Recap] [Unemployment Insurance Deadline Nearing]
April 8, 2022
    [Minnesota Legislature - Weekly Recap] [House and Senate Unveil Tax Omnibus Bills - Senate Passed Tax Bill Off Floor on Thursday] [Department of Commerce Supplemental Budget Bill Heard in Senate and House Commerce Committees and House Commerce Omni
April 1, 2022
    [Minnesota Legislature - Weekly Recap] [Department of Commerce Supplemental Budget Bill Introduced] [Bill Introductions] [Join the MBA in Washington D.C.]
March 25, 2022
    [Action Needed to Temporarily Lower Community Bank Leverage Ratio] [Minnesota Legislature - Weekly Recap] [Bill Introduced that would Prohibit Banks on ESG Factors] [Bill Introductions] [Join the MBA in Washington D.C.]
March 18, 2022
    [Action Needed to Temporarily Lower Community Bank Leverage Ratio] [Minnesota Legislature - Weekly Recap] [Numerous Housing Bills Heard This Week] [Join the MBA in Washington D.C.]
March 11, 2022
    [MBA Washington Visit - May 3-5, 2022] [Minnesota Legislature - Weekly Recap] [Organized Retail Theft Bill Heard in Senate Judiciary]
March 4, 2022
    [Save the Date - MBA Washington Visit] [Minnesota Legislature - Weekly Recap] [Another Successful Bank Day at Capital in the Books] [Tom Hauser's Insight on Minnesota Politics] [Latest Budget Forecast Predicts $9.25 Billion Surplus] Bill Introdu
February 25, 2022
    [2022 Bank Day at the Capitol - Get Registered Today!] [Minnesota Legislature - Weekly Recap] [Redistricting Map Fallouts] [House Commerce Committee Hears Bill on Commerce Fraud Bureau] [Bill Introductions]
February 18, 2022
    [Congressman Jim Hagedorn Passes Away] [Minnesota Legislature - Weekly Recap] [Redistricting Produces New Maps, Incumbent Matchups] [Minnesota House Relaxes COVID Protocols] [Senate Passes Bill to Replenish the Unemployment Insurance Trust Fund]
February 11, 2022
    [Minnesota Legislature - Weekly Recap] [Redistricting Maps Coming Next Week]
February 4, 2022
    [Minnesota Legislature - Weekly Recap] [Budget Surplus] [MBA-Sponsored Financial Institutions Special Revenue Fund Bill Introduced in House and Senate] [Governor Announces Supplemental Budget Proposal - Commerce Items of Interest]
September 14, 2021
    [Senate Caucuses Elect new Leaders] [Minnesota Bankers: Oppose New IRS Reporting Requirements]
September 14, 2021
    [Senate Caucuses Elect new Leaders] [Minnesota Bankers: Oppose New IRS Reporting Requirements]
September 13, 2021
    Minnesota Bankers: Oppose New IRS Reporting Requirements
July 1, 2021
    [Minnesota Legislature - Special Session Wrap-Up] [Tax Bill Passes with PPP Conformity Language] [Commerce and Energy Omnibus Bill] [Jobs and Economic Development Omnibus Bill Includes Loan Guarantee Program] [Housing Finance Omnibus Bill]
Tidbits
  • Next Tuesday, the House Public Safety Committee will hear a bill (HF450), authored by Representative Zack Stephenson (D-Coon Rapids)) that would make changes to the organized retail theft statute. The portion of the bill the MBA is following would amend the identity theft crime to authorize financial institutions to release certain specified information (name and last known address/phone numbers of account holders) to law enforcement and prosecutors who certify that it is related to an identity theft crime investigation or prosecution. The bill gives complying financial institutions immunity for so doing.
  • The bill legalizing recreational cannabis (HF100/SF73) continues to make its way through the process making stops this week in Senate State Government, House State Government and House Agriculture. It is already scheduled next week in Senate Agriculture, Broadband and Rural Development and House Workforce Development. Questions continue to be raised regarding the ability to bank these businesses once it becomes law. The MBA reminds legislators that despite changes to state laws, federal law still makes the possession and distribution of marijuana illegal. Banks are required to abide by federal law. By offering banking services to marijuana-related businesses, banks run the risk of being accused of money laundering and other crimes. When marijuana-related businesses cannot access banking services, they must operate on an all-cash basis which creates problems for state authorities.
  • A bill (HF4) that would allow Drivers Licenses for All passed off the House Floor on Monday on a 69-60 vote. The bill would allow a person to obtain a driver’s license or state identification card without showing proof of legal presence in the United States. The bill will be heard in Senate Finance next week before heading to the Senate Floor.
  • On Tuesday, the House Housing Committee heard a bill that prohibits certain corporations, real estate developers, and residential building contractors from purchasing a single-family home for the purposes of renting the single-family home. The goal of the bill is to address the perceived trend of investors buying properties, which takes affordable houses off the market for families to purchase. The bill’s author, Representative Esther Agbaje (D-Minneapolis), stated “homeownership in Minnesota is something that continues to be out of reach for many Minnesotans of color and many working-class Minnesotan. The reasons are varied from the lack of supply to high cost of housing to discriminatory practices in the market and, of course, corporate ownership of single-family homes.” The bill passed out of committee and was sent to the House Judiciary Committee.
Mark Your Calendar

Here are some key dates for 2023:

  • February 16 – Minnesota Matters – Register Today!
  • March 10 - First Deadline, for committees to act favorably on bills in one body
  • March 20-22 - ABA Washington Summit/MBA Washington Visit – Register Today!
  • March 24 - Second Deadline, for committees to act favorably on companions of bills that met 1st deadline in the other body
  • April 4 - Third Deadline, for committees to act favorably on major appropriation and finance bills
  • April 4 at 5 p.m. through April 10 - The legislature will be in recess starting for the Passover/Easter holidays.
  • May 22 - Session must adjourn by this date, per the Minnesota Constitution

Next Week (as of Friday morning):

Committees will continue hearing the Governor’s Budget Proposal for their jurisdiction

Monday - Paid Family and Medical Leave (SF2) in Senate Judiciary, Cannabis Bill (SF73) will be heard in Senate Agriculture, Broadband and Rural Development

Tuesday - Organized Retail Theft Bill (HF450) in House Public Safety, Paid Family and Medical Leave (HF2) in House Labor Committee

Wednesday - Cannabis Bill (HF100) in House Workforce Development Committee

Please contact Tess Rice or Therese Kuvaas for any additional information.

For more legislative updates, follow Therese Kuvaas, Senior Government Relations Manager, on Twitter @thkuvaas

Bill Introductions (all introduced on Thursday, February 2):

S.F. No. 940A bill for an act relating to state government; prohibiting the State Board of Investment from investing in companies that boycott mining, energy production, production agriculture, or commercial lumber production; requiring the State Board of Investment to divest from companies that boycott mining, energy production, production agriculture, or commercial lumber production; prohibiting the state of Minnesota or any state agency from entering into contracts with companies that boycott mining, energy production, production agriculture, or commercial lumber production; prohibiting banks, credit unions, financial institutions, payment processors, savings and loan associations, and trust companies from discriminating against people based on certain subjective criteria; providing for civil penalties; requiring a report; proposing coding for new law in Minnesota Statutes, chapters 11A; 16; 46.

S.F. No. 950A bill for an act relating to consumer data privacy; requiring a consumer's consent prior to collecting personal information; proposing coding for new law in Minnesota Statutes, chapter 325M.

S.F. No. 998/HF1243A bill for an act relating to commerce; establishing a student loan advocate; requiring a report; proposing coding for new law in Minnesota Statutes, chapter 58B.

H.F. 971, A bill for an act relating to housing; appropriating money for housing discrimination testing.

H.F. 1057, A bill for an act relating to agriculture; appropriating money for down payment assistance grants.

S.F. No. 1107A bill for an act relating to human rights; adding political affiliation to the human rights act; amending Minnesota Statutes 2022, sections 363A.02, subdivision 1; 363A.03, by adding a subdivision; 363A.04; 363A.06, subdivision 1; 363A.07, subdivision 2; 363A.08, subdivisions 1, 2, 3, 4; 363A.09, subdivisions 1, 2, 3, 4; 363A.11, subdivision 1; 363A.12, subdivision 1; 363A.13; 363A.15; 363A.16, subdivision 1; 363A.17.

S.F. No. 1146A bill for an act relating to local government; authorizing municipalities to charge a street impact fee; amending Minnesota Statutes 2022, section 462.358, by adding subdivisions.

S.F. No. 1169A bill for an act relating to human rights; prohibiting discrimination based on political affiliation; amending Minnesota Statutes 2022, sections 363A.03, by adding a subdivision; 363A.08, subdivisions 1, 2, 3, 4; 363A.09, subdivisions 1, 2, 3, 4; 363A.11, subdivision 1; 363A.12, subdivision 1; 363A.13; 363A.16, subdivision 1; 363A.17.

H.F. 1219, A bill for an act relating to housing; appropriating money for the homeownership education, counseling, and training program.

MBA Washington Trip – March 20-22, 2023


With all that is happening in Washington, D.C. regarding the banking industry, now is the time to attend the annual MBA Washington Trip. This trip provides an excellent opportunity to discuss banking issues with policy makers in Washington.

MBA will be joining the American Bankers Association’s Washington Summit as one supercharged conference. During the event, we will hear from Congressional and regulatory leaders and make a trip to Capitol Hill to meet with the Minnesota Senators and Members of Congress. We will receive briefings on current rules, regulations and legislation and take the opportunity to discuss issues with those that influence and make the decisions. This is also a great opportunity to network with bankers from both Minnesota and around the county.

Click here to register for the Washington Trip!

If you have any questions on either event, please contact Therese Kuvaas at 952-857-2603 or theresek@minnbankers.com.

*Some of the information provided in the Weekly Recap is reported by Cook Strong Sellwood - MBA’s contract lobbyists

Tidbits
  • Next Tuesday, the House Public Safety Committee will hear a bill (HF450), authored by Representative Zack Stephenson (D-Coon Rapids)) that would make changes to the organized retail theft statute. The portion of the bill the MBA is following would amend the identity theft crime to authorize financial institutions to release certain specified information (name and last known address/phone numbers of account holders) to law enforcement and prosecutors who certify that it is related to an identity theft crime investigation or prosecution. The bill gives complying financial institutions immunity for so doing.
  • The bill legalizing recreational cannabis (HF100/SF73) continues to make its way through the process making stops this week in Senate State Government, House State Government and House Agriculture. It is already scheduled next week in Senate Agriculture, Broadband and Rural Development and House Workforce Development. Questions continue to be raised regarding the ability to bank these businesses once it becomes law. The MBA reminds legislators that despite changes to state laws, federal law still makes the possession and distribution of marijuana illegal. Banks are required to abide by federal law. By offering banking services to marijuana-related businesses, banks run the risk of being accused of money laundering and other crimes. When marijuana-related businesses cannot access banking services, they must operate on an all-cash basis which creates problems for state authorities.
  • A bill (HF4) that would allow Drivers Licenses for All passed off the House Floor on Monday on a 69-60 vote. The bill would allow a person to obtain a driver’s license or state identification card without showing proof of legal presence in the United States. The bill will be heard in Senate Finance next week before heading to the Senate Floor.
  • On Tuesday, the House Housing Committee heard a bill that prohibits certain corporations, real estate developers, and residential building contractors from purchasing a single-family home for the purposes of renting the single-family home. The goal of the bill is to address the perceived trend of investors buying properties, which takes affordable houses off the market for families to purchase. The bill’s author, Representative Esther Agbaje (D-Minneapolis), stated “homeownership in Minnesota is something that continues to be out of reach for many Minnesotans of color and many working-class Minnesotan. The reasons are varied from the lack of supply to high cost of housing to discriminatory practices in the market and, of course, corporate ownership of single-family homes.” The bill passed out of committee and was sent to the House Judiciary Committee.
Mark Your Calendar

Here are some key dates for 2023:

  • February 16 – Minnesota Matters – Register Today!
  • March 10 - First Deadline, for committees to act favorably on bills in one body
  • March 20-22 - ABA Washington Summit/MBA Washington Visit – Register Today!
  • March 24 - Second Deadline, for committees to act favorably on companions of bills that met 1st deadline in the other body
  • April 4 - Third Deadline, for committees to act favorably on major appropriation and finance bills
  • April 4 at 5 p.m. through April 10 - The legislature will be in recess starting for the Passover/Easter holidays.
  • May 22 - Session must adjourn by this date, per the Minnesota Constitution

Next Week (as of Friday morning):

Committees will continue hearing the Governor’s Budget Proposal for their jurisdiction

Monday - Paid Family and Medical Leave (SF2) in Senate Judiciary, Cannabis Bill (SF73) will be heard in Senate Agriculture, Broadband and Rural Development

Tuesday - Organized Retail Theft Bill (HF450) in House Public Safety, Paid Family and Medical Leave (HF2) in House Labor Committee

Wednesday - Cannabis Bill (HF100) in House Workforce Development Committee

Please contact Tess Rice or Therese Kuvaas for any additional information.

For more legislative updates, follow Therese Kuvaas, Senior Government Relations Manager, on Twitter @thkuvaas

Bill Introductions (all introduced on Thursday, February 2):

S.F. No. 940A bill for an act relating to state government; prohibiting the State Board of Investment from investing in companies that boycott mining, energy production, production agriculture, or commercial lumber production; requiring the State Board of Investment to divest from companies that boycott mining, energy production, production agriculture, or commercial lumber production; prohibiting the state of Minnesota or any state agency from entering into contracts with companies that boycott mining, energy production, production agriculture, or commercial lumber production; prohibiting banks, credit unions, financial institutions, payment processors, savings and loan associations, and trust companies from discriminating against people based on certain subjective criteria; providing for civil penalties; requiring a report; proposing coding for new law in Minnesota Statutes, chapters 11A; 16; 46.

S.F. No. 950A bill for an act relating to consumer data privacy; requiring a consumer's consent prior to collecting personal information; proposing coding for new law in Minnesota Statutes, chapter 325M.

S.F. No. 998/HF1243A bill for an act relating to commerce; establishing a student loan advocate; requiring a report; proposing coding for new law in Minnesota Statutes, chapter 58B.

H.F. 971, A bill for an act relating to housing; appropriating money for housing discrimination testing.

H.F. 1057, A bill for an act relating to agriculture; appropriating money for down payment assistance grants.

S.F. No. 1107A bill for an act relating to human rights; adding political affiliation to the human rights act; amending Minnesota Statutes 2022, sections 363A.02, subdivision 1; 363A.03, by adding a subdivision; 363A.04; 363A.06, subdivision 1; 363A.07, subdivision 2; 363A.08, subdivisions 1, 2, 3, 4; 363A.09, subdivisions 1, 2, 3, 4; 363A.11, subdivision 1; 363A.12, subdivision 1; 363A.13; 363A.15; 363A.16, subdivision 1; 363A.17.

S.F. No. 1146A bill for an act relating to local government; authorizing municipalities to charge a street impact fee; amending Minnesota Statutes 2022, section 462.358, by adding subdivisions.

S.F. No. 1169A bill for an act relating to human rights; prohibiting discrimination based on political affiliation; amending Minnesota Statutes 2022, sections 363A.03, by adding a subdivision; 363A.08, subdivisions 1, 2, 3, 4; 363A.09, subdivisions 1, 2, 3, 4; 363A.11, subdivision 1; 363A.12, subdivision 1; 363A.13; 363A.16, subdivision 1; 363A.17.

H.F. 1219, A bill for an act relating to housing; appropriating money for the homeownership education, counseling, and training program.

MBA Washington Trip – March 20-22, 2023


With all that is happening in Washington, D.C. regarding the banking industry, now is the time to attend the annual MBA Washington Trip. This trip provides an excellent opportunity to discuss banking issues with policy makers in Washington.

MBA will be joining the American Bankers Association’s Washington Summit as one supercharged conference. During the event, we will hear from Congressional and regulatory leaders and make a trip to Capitol Hill to meet with the Minnesota Senators and Members of Congress. We will receive briefings on current rules, regulations and legislation and take the opportunity to discuss issues with those that influence and make the decisions. This is also a great opportunity to network with bankers from both Minnesota and around the county.

Click here to register for the Washington Trip!

If you have any questions on either event, please contact Therese Kuvaas at 952-857-2603 or theresek@minnbankers.com.

*Some of the information provided in the Weekly Recap is reported by Cook Strong Sellwood - MBA’s contract lobbyists