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MN SF5120

Bill

Status

Introduced

3/20/2024

Primary Sponsor

Susan Pha

Click for details

Origin

Senate

93rd Legislature 2023-2024

AI Summary

  • Requires the housing finance agency commissioner to collect contractor data for projects receiving chapter 462A financing, including information on veteran-owned small businesses and LGBTQ-owned businesses (certified by the National LGBT Chamber of Commerce).

  • Mandates the commissioner submit a biennial report by February 1 of each even-numbered year to legislative committees with housing finance jurisdiction.

  • Report must include the total number and dollar amount of all contracts and subcontracts for each business category (general contractors, veteran-owned small businesses, and LGBTQ-owned businesses).

  • Expands existing contractor requirements data collection under section 363A.36 (certificate of compliance) to include minority business categories.

Legislative Description

Report requirement on contractors receiving financing from the housing finance agency

Last Action

Author added Boldon

4/18/2024

Committee Referrals

Housing and Homelessness Prevention3/20/2024

Full Bill Text

No bill text available