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MN SF4364

Bill

Status

Introduced

3/11/2026

Primary Sponsor

Matt Klein

Click for details

Origin

Senate

94th Legislature 2025-2026

AI Summary

  • Updates ASTM fuel specification references throughout Minnesota Statutes by removing specific version numbers (e.g., changing "D4806-21a" to "D4806"), allowing automatic incorporation of current ASTM standards for ethanol, gasoline, diesel, kerosene, aviation fuel, and biodiesel

  • Changes the insurance company annual statement filing deadline from "on or before March 1" to "on or before April 30" (or May 31 for health insurance), with corresponding business transaction prohibition date moved from May 31 to August 31

  • Corrects the interest rate reference for depository institutions from "Federal Reserve Bank located in the Ninth Federal Reserve District" to "Federal Reserve System"

  • Removes the requirement to file bank consolidation/merger certificates with the Secretary of State, and removes the "by rule" requirement for commissioner information requests from student loan lenders

  • Makes various language modernizations including "insure" to "ensure," "shall" to "must," and "latter" to "commissioner of commerce"

Legislative Description

Various technical changes to the Department of Commerce provisions

Last Action

Referred to Commerce and Consumer Protection

3/11/2026

Committee Referrals

Commerce and Consumer Protection3/11/2026

Full Bill Text

No bill text available