This bill amends Minnesota Statutes 2024, section 135A.195, subdivision 6, by removing the expiration date for an exemption related to reporting and marketing requirements for institutions of higher education that contract with online program management companies. Previously, this exemption was set to expire on July 1, 2028, but the bill eliminates this expiration, allowing the exemption to remain in effect indefinitely.
The amendment specifies that the exemption applies to any addendum or amendment to contracts made by higher education institutions on or before July 1, 2023, which adjust the number of managed programs. By removing the expiration date, the bill aims to provide ongoing flexibility for institutions in their contractual agreements with online program management companies without the need for future compliance with the reporting and marketing requirements outlined in the statute.
Statutes affected: Introduction: 135A.195