MN HF2849

Legislative Coordinating Commission must apply to University of Minnesota Carlson School of Business or another grant-making organization to fund a comparative study of state regulation effects on small business start-up costs and delays in Minnesota and Wisconsin.

Study must examine three business categories (small services business, small retail business, and small manufacturing business) and follow the complete start-up process in both states, including formation, financing, licensing, permits, reporting requirements, employment laws, and state and local taxes.

Legislative Coordinating Commission shall request proposals from higher education institutions with graduate business programs and monitor the recipient's progress on the study.

Written report must be submitted to the Legislative Coordinating Commission no later than December 1, 2011, and then submitted to the legislature in compliance with Minnesota Statutes sections 3.195 and 3.197.

Legislative Coordinating Commission is not responsible for any study tasks if a grant is not received.