HF3666 Summary

• Increases maximum full-time equivalent employees for loan eligibility from 50 to 100 and adds net worth requirement of less than $1,000,000 for borrowers.

• Modifies loan interest rates to at or below one-half the prime rate, not to exceed five percent.

• Increases maximum loan amount from $50,000 to $75,000.

• Requires Pollution Control Agency commissioner to amend Minnesota Rules to mandate six contact hours of required training for type IV disposal facility certificate renewal.

• Allows commissioner to use good cause exemption to adopt rules without following standard rulemaking procedures.