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MN HF1646
Bill
Status
Introduced
2/27/2025
Primary Sponsor
Liz Reyer
Click for details
AI Summary
- Appropriates $5,000,000 in fiscal year 2026 from the general fund to the Commissioner of Commerce for a grant to Undue Medical Debt, a nonprofit organization that purchases and forgives medical debt for eligible Minnesota residents
- Funds are a one-time appropriation available until June 30, 2028, targeting residents unable to pay medical bills after hospital providers completed reasonable collection efforts
- Amends Minnesota Statutes section 332.31 to exclude nonprofit organizations purchasing charged-off debt for charitable purposes from the definition of "debt buyer"
- Requires Undue Medical Debt to report to the Commissioner of Commerce and Attorney General on the number and characteristics of residents whose medical debts were relieved
- Effective the day following final enactment
Legislative Description
Definition of debt buyer modified, Undue Medical Debt grant funding provided, reports required, and money appropriated.
Last Action
Author added Finke
4/10/2025
Committee Referrals
Commerce Finance & Policy2/27/2025
Full Bill Text
No bill text available