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MN HF2566
Bill
Status
3/20/2025
Primary Sponsor
Liz Reyer
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AI Summary
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Establishes the "Minnesota Business Filing Fraud Prevention Act" allowing individuals to file declarations with the Secretary of State to challenge unauthorized business filings, such as fraudulent changes to ownership, registered agents, or business registration using another person's identity.
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Creates a formal review process requiring the Secretary of State to notify filers within 21 calendar days to respond; failure to respond results in the filing being deemed fraudulent and legally treated as if it never existed.
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Prohibits deceptive business mailings by requiring third-party solicitations related to Secretary of State filings to include prominent 24-point font disclaimers stating "THIS IS NOT A GOVERNMENT DOCUMENT" and banning use of state seals or language implying government authority.
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Makes false material statements in wrongful filing declarations subject to perjury penalties, and violations of deceptive mailing requirements punishable as a misdemeanor and consumer fraud violation.
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Appropriates an unspecified amount from the general fund in fiscal year 2026 to the Secretary of State to administer the act, with the fraud prevention provisions effective for filings made on or after January 1, 2026.
Legislative Description
Process for removing fraudulent business filings established, rulemaking authorized, and money appropriated.
Last Action
Committee report, to adopt and re-refer to State Government Finance and Policy
4/2/2025