MN HF1196

Defines "recognized industry trade journal" as a printed or digital publication containing building and construction news for contractors or publishing project advertisements and bids in its regular course of business.

Allows municipalities to publish competitive bid advertisements in a recognized industry trade journal as an alternative to newspapers when the estimated improvement cost exceeds the threshold in Minnesota Statutes section 471.345, subdivision 3.

Removes outdated "trade paper" qualification requirements and replaces them with the new recognized industry trade journal definition.

Requires the revisor of statutes to identify all Minnesota Statutes sections requiring bid advertisements in official newspapers that conflict with section 331A.03 and submit a report to legislative committee chairs by January 15, 2014.