The bill S.F. No. 4097 introduces a comprehensive set of amendments to Minnesota's laws concerning insurance, financial institutions, consumer protection, and liquor licensing. It establishes new requirements for long-term disability insurance policies, including mandatory disclosures about mental health coverage, and introduces annual notice requirements for life insurance policies. The bill also clarifies the definition of "medically necessary care" in relation to gender-affirming care, prohibits health plans from excluding such coverage, and mandates that eligible organizations provide prospective employees with health benefits information prior to enrollment. Additionally, it enhances consumer protections in the financial sector by requiring financial institutions to implement robust information security programs and designating a qualified individual to oversee these programs.
Moreover, the bill modifies existing regulations related to residential mortgage loans, bail bonds, and medical debt collection, aiming to improve transparency and accountability in these sectors. It prohibits certain practices in medical debt collection, such as reporting medical debt to credit agencies, and establishes protections for consumers against unfair service agreements in residential real estate. The bill also includes provisions for liquor licensing, allowing specific cities to issue on-sale liquor licenses for events and venues, and delays the effective date for certain medical supplement policies. Overall, S.F. No. 4097 seeks to modernize regulations, enhance consumer rights, and ensure compliance with contemporary standards across various sectors in Minnesota.
Statutes affected: Introduction: 82B.021, 82B.094, 82B.095, 82B.13, 82B.19, 115C.08, 45.014, 82B.25
1st Engrossment: 60A.201, 67A.01, 67A.14, 507.071, 47.20, 47.54, 48.24, 58.02, 58.04, 58.05, 58.06, 58.08, 58.10, 58.115, 58.13, 80A.61, 80A.66, 80C.05, 82B.021, 82B.094, 82B.095, 82B.13, 82B.19, 115C.08, 82B.25, 45.011, 58B.02, 58B.03, 58B.06, 58B.07, 58B.09, 239.791, 325F.03, 325F.04, 325F.05, 325G.24, 325G.25, 340A.101, 340A.404, 340A.412
2nd Engrossment: 60A.201, 67A.01, 67A.14, 507.071, 47.20, 47.54, 48.24, 58.02, 58.04, 58.05, 58.06, 58.08, 58.10, 58.115, 58.13, 80A.61, 80A.66, 80C.05, 82B.021, 82B.094, 82B.095, 82B.13, 82B.19, 115C.08, 82B.25, 45.011, 58B.02, 58B.03, 58B.06, 58B.07, 58B.09, 239.791, 325F.03, 325F.04, 325F.05, 325G.24, 325G.25, 340A.101, 340A.404, 340A.412
3rd Engrossment: 60A.201, 65A.29, 67A.01, 67A.14, 72A.20, 325E.66, 471.6161, 471.617, 332.3351, 47.20, 47.54, 48.24, 58.02, 58.04, 58.05, 58.06, 58.08, 58.10, 58.115, 58.13, 80A.61, 80A.66, 80C.05, 82B.021, 82B.095, 82B.19, 115C.08, 45.011, 58B.02, 58B.03, 58B.06, 58B.07, 58B.09, 176.175, 239.791, 270C.63, 270C.65, 270C.67, 270C.69, 325F.03, 325F.04, 325F.05, 325F.56, 325F.62, 325G.24, 325G.25, 519.05, 550.37, 550.39, 571.72, 571.914, 571.92, 571.921, 571.922, 571.927, 82B.25, 237.121, 237.19, 429.021, 340A.101, 340A.404
1st Unofficial Engrossment: 80A.61, 80A.66, 80C.05, 82B.021, 82B.095, 82B.19, 115C.08, 272.12, 325F.03, 325F.04, 325F.05, 325F.56, 325F.62, 507.235, 513.73, 559.21, 559.211, 559.213, 82B.25, 47.20, 47.54, 47.59, 48.24, 58.02, 58.04, 58.05, 58.06, 58.08, 58.10, 58.115, 58.13, 519.05, 550.37, 550.39, 563.01, 563.02, 571.72, 571.911, 571.914, 571.92, 571.921, 571.922, 571.924, 571.925, 571.927, 45.011, 60A.201, 65A.29, 70A.05, 72A.20, 325E.66, 471.6161, 471.617, 604.18, 332.3351, 237.121, 237.19, 429.021, 340A.404, 41.52
CCR-SF4097: 60A.201, 65A.29, 67A.01, 67A.14, 72A.20, 325E.66, 471.6161, 471.617, 332.3351, 47.20, 47.54, 48.24, 58.02, 58.04, 58.05, 58.06, 58.08, 58.10, 58.115, 58.13, 80A.61, 80A.66, 80C.05, 82B.021, 82B.095, 82B.19, 115C.08, 45.011, 58B.02, 58B.03, 58B.06, 58B.07, 58B.09, 176.175, 239.791, 270C.63, 270C.65, 270C.67, 270C.69, 325F.03, 325F.04, 325F.05, 325F.56, 325F.62, 325G.24, 325G.25, 519.05, 550.37, 550.39, 571.72, 571.914, 571.92, 571.921, 571.922, 571.927, 82B.25, 237.121, 237.19, 429.021, 340A.101, 340A.404