MN HF2900

Increases the minimum unencumbered fund balance threshold for the Minnesota manufactured home relocation trust fund from $1,000,000 to $5,000,000 as of June 30 each year.

Triggers an annual assessment of $12 per licensed lot charged to manufactured home park owners if the trust fund balance falls below the new $5,000,000 threshold, due by September 15.

Allows park owners to recoup the $12 per-lot assessment cost either as a lump sum or monthly fee of up to $1 collected from residents with lot rent.

Permits park owners to adjust assessments by excluding vacant lots or lots ineligible for contribution under existing law provisions.