MN SF2310

Appropriates funds for fiscal year 2011 from the general fund to the Legislative Coordinating Commission to grant a comparative study of state regulation effects on small business start-up costs and delays in Minnesota, Iowa, North Dakota, South Dakota, and Wisconsin.

Study must examine typical costs and delays for starting a small services business, small retail business, and small manufacturing business, including formation, financing, licensing, permits, reporting requirements, employment laws, and state and local taxes.

Grant recipient must be selected from higher education institutions with a graduate program in business, business administration, or similar field through a competitive proposal process.

Written report must be submitted to the Legislative Coordinating Commission no later than December 1, 2011.

Legislative Coordinating Commission shall periodically monitor the study's progress and submit the final report to the legislature in compliance with Minnesota Statutes sections 3.195 and 3.197.