A bill for an act
relating to commerce; establishing a supplemental budget for Department of
Commerce needs; modifying financial institution fees; modifying the Minnesota
premium security plan; appropriating money; transferring money; amending
Minnesota Statutes 2020, sections 45.0135, subdivisions 2a, 2b; 46.131,
subdivisions 2, 4, 11; 48A.15, subdivision 1; 53.03, subdivisions 1, 5; 53C.02;
56.02; 62E.23, subdivisions 1, 3, by adding a subdivision; Laws 2017, chapter 13,
article 1, section 15, as amended.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Section 1. new text beginAPPROPRIATIONS.
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The sums shown in the columns marked "Appropriations" are appropriated to the agencies
and for the purposes specified in this article. The appropriations are from the general fund,
or another named fund, and are available for the fiscal years indicated for each purpose.
The figures "2022" and "2023" used in this article mean that the appropriations listed under
them are available for the fiscal year ending June 30, 2022, or June 30, 2023, respectively.
"The first year" is fiscal year 2022. "The second year" is fiscal year 2023. "The biennium"
is fiscal years 2022 and 2023. If an appropriation in this act is enacted more than once in
the 2022 legislative session, the appropriation must be given effect only once. Appropriations
for the fiscal year ending June 30, 2022, are effective the day following final enactment.
The appropriations made under this article supplement, and do not supersede or replace,
the appropriations made under Laws 2021, First Special Session chapter 4, article 1.
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APPROPRIATIONS new text end |
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Available for the Year new text end |
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Ending June 30 new text end |
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2022 new text end |
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2023 new text end |
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Sec. 2. new text beginDEPARTMENT OF COMMERCE
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new text begin Subdivision 1. new text end
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Total Appropriation
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$ new text end |
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108,000 new text end |
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$ new text end |
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1,326,000 new text end |
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The amounts that may be spent for each
purpose are specified in the following
subdivisions.
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new text begin Subd. 2. new text end
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Administrative Services
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-0- new text end |
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127,000 new text end |
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$127,000 in fiscal year 2023 is for additional
staff in the senior fraud prevention program.
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new text begin Subd. 3. new text end
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Insurance
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108,000 new text end |
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680,000 new text end |
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$180,000 in fiscal year 2023 is for additional
staff in the insurance division. The additional
staff must focus on property- and
casualty-related insurance products.
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$500,000 in fiscal year 2023 is to conduct a
study on the feasibility of offering free primary
care to Minnesotans. This is a onetime
appropriation.
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$108,000 in fiscal year 2022 is for activities
related to the state's reinsurance program. This
is a onetime appropriation.
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new text begin Subd. 4. new text end
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Enforcement
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-0- new text end |
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519,000 new text end |
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$345,000 in fiscal year 2023 is for additional
staff in the enforcement division. The
additional staff must focus on insurance
market conduct examinations.
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$174,000 in fiscal year 2023 is for an
additional peace officer in the Commerce
Fraud Bureau.
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(a) The commissioner of management and budget shall transfer $65,882,000 from the
premium security plan account in Minnesota Statutes, section 62E.25, to the health care
access fund in Minnesota Statutes, section 16A.724, by June 30, 2025. This is a onetime
transfer.
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(b) The commissioner of commerce must transfer $2,100,000 in fiscal year 2023 from
the premium security plan account under Minnesota Statutes, section 62E.25, subdivision
1, to the board of directors of MNsure to pay for revenue loss related to the Minnesota
premium security plan. The base for the transfer under this paragraph is $4,288,000 in fiscal
year 2024, $4,561,000 in fiscal year 2025, $4,858,000 in fiscal year 2026, $5,200,000 in
fiscal year 2027, $2,658,000 in fiscal year 2028, and $0 in fiscal year 2029.
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(c) $216,000 in fiscal year 2023 is transferred from the premium security plan account
under Minnesota Statutes, section 62E.25, subdivision 1, to the commissioner of commerce
to pay for administrative costs incurred to secure a state innovation waiver and perform
reporting functions. The base for the transfer under this paragraph is $216,000 in fiscal
years 2024, 2025, 2026, 2027, and 2028. The base for the transfer under this paragraph is
$0 in fiscal year 2029.
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This section is effective upon federal approval of the continuation
of the state innovation waiver submitted under Laws 2021, First Special Session chapter 7,
article 15, section 4, that maintains federal funding for the MinnesotaCare program under
Minnesota Statutes, chapter 256L, through the Basic Health Plan formula at levels that
would have been received if reinsurance was not implemented. The commissioner of
commerce must notify (1) the chairs and ranking minority members of the legislative
committees that have jurisdiction over commerce and health and human services finance,
and (2) the revisor of statutes when federal approval is obtained.
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Minnesota Statutes 2020, section 45.0135, subdivision 2a, is amended to read:
new text begin(a) new text endThe commissioner may appoint peace officers, as defined
in section 626.84, subdivision 1, paragraph (c), and establish a law enforcement agency, as
defined in section 626.84, subdivision 1, paragraph (f), known as the Commerce Fraud
Bureau, to conduct investigations, and to make arrests under sections