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MN HF3696
Bill
Status
3/17/2010
Primary Sponsor
Denise Dittrich
Click for details
AI Summary
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Office of Entrepreneurship and Small Business Development (OESBD) must provide a one-stop online FasTrack Web site page with all information and forms necessary for business formation, registration, and permitting across state agencies.
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Department of Employment and Economic Development must coordinate with all state agencies and local governments to develop a streamlined permit and licensing process through the OESBD Web portal.
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Minimum turnaround times for business formation: 14 days for sole proprietors in home-based businesses; 30 days for small businesses with no environmental permits and fewer than 5 employees; 90 days for small businesses requiring environmental permits with fewer than 100 employees.
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OESBD must ensure all information provided through the FasTrack portal is current and complete by working with state agencies.
Legislative Description
Streamlined business formation established.
Last Action
House: Author added Hortman
5/16/2010