MN SF2290

Adds definition of "liquidation event" to mean conversion of qualified investment into cash or other consideration or equity/debt interest.

Extends operational timeline for medical device and pharmaceutical businesses from 10 years to 20 years to qualify for angel investment tax credits.

Prohibits businesses that have issued publicly traded securities from receiving tax credits and requires businesses not issue publicly traded securities within 180 days of qualified investment.

Adds requirement that qualified small businesses cannot have a liquidation event within 180 days of receiving qualified investment to maintain tax credit eligibility.

Expands public data disclosure to include mailing address, phone number, contact person's name, and industry type of certified qualified small businesses.