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Commerce Finance and Policy

FORTY-SEVENTH MEETING

2021-2022 Regular Session - Tuesday, April 5, 2022

STATE OF MINNESOTA FORTY-SEVENTH MEETING
HOUSE OF REPRESENTATIVES NINETY-SECOND SESSION

COMMERCE FINANCE AND POLICY COMMITTEE

Representative Stephenson, Chair of the Commerce Finance and Policy Committee, called the virtual meeting to order at 3:00PM on April 5th, 2022 pursuant to House rule 10.01. The meeting was broadcast via Zoom and House Public Information Services.

Members present:
STEPHENSON, Zack, Chair
KOTYZA-WITTHUHN, Carlie, Vice Chair
O’DRISCOLL, Tim, GOP Lead
BAHR, Cal
CARLSON, Andrew
DAVNIE, Jim
ELKINS, Steve
HALEY, Barb
KOEGEL, Erin
LEE, Fue
LISLEGARD, Dave
LUCERO, Eric
OLSON, Liz
PFARR, Brian
RASMUSSON, Jordan
RICHARDSON, Ruth
THEIS, Tama

EXCUSED
LILLIE, Leon

A quorum was present.

Representative Kotyza-Witthuhn moved to approve the minutes from the committee meeting on March 30th, 2022. THE MOTION PREVAILED.

HF4651 (Stephenson); Department of Commerce supplemental budget established, financial institution fees modified, Minnesota premium security plan modified, money transferred, and money appropriated.

Representative Stephenson moved that HF4651 be laid over for possible inclusion in an omnibus bill.

The following testified on HF4651:
Grace Arnold, Commissioner, Department of Commerce
Bill Schwietz, Minnesota Mortgage Association

Representative Stephenson renewed his motion that HF4651 be laid over. The bill was laid over.

HF3607 (Stephenson); Commerce department enforcement powers modified, market conduct examinations regulated, and report required.

An informational hearing on the A22-0406 amendment to HF3607, a DE amendment serving as the vehicle for the omnibus Commerce Committee bill.

The following presented on the omnibus bill:
Ashley Engh, House Fiscal
Larie Pampuch, House Research

The meeting was adjourned at 3:48PM.


_________________________________________
Representative Zack Stephenson, Chair

_________________________________________
Jack Dockendorf, Committee Legislative Assistant


More Info On This Meeting..
Bills Added:
  • HF3607 (Stephenson) - Commerce activity supplemental budget established; commerce, licensee continuing education, financial institutions, weights and measures, insurance, and consumer protection provisions modified and added; civil procedures modified; reports required; technical changes made; and money transferred and appropriated.
  • HF4651 (Stephenson) - Department of Commerce supplemental budget established, financial institution fees modified, Minnesota premium security plan modified, money transferred, and money appropriated.
House TV Video:
View Archive

02:50 - HF4651 (Stephenson); Department of Commerce supplemental budget established, financial institution fees modified, Minnesota premium security plan modified, money transferred, and money appropriated.
17:51 - HF3607 (Stephenson) Omnibus commerce supplemental finance and policy bill.
-Walk-through of the delete-all amendment.
-Public testimony.
Runs 47 minutes.


HF4651 (Stephenson); Department of Commerce supplemental budget established, financial institution fees modified, Minnesota premium security plan modified, money transferred, and money appropriated.

HF3607 (Stephenson); - Vehicle Bill - the DE amendment to HF3607 will be the Commerce Omnibus Bill - Commerce department enforcement powers modified, market conduct examinations regulated, and report required.

SCHEDULE: A walk-through of the bill and public testimony will be taken on Tuesday, April 5. Mark-up and committee vote on the bill will be on Wednesday, April 6.

DE likely to be posted Monday morning.

Items may be taken up in any order, items may be added or removed at the Chairs' discretion.

This remote hearing may be viewed via the House webcast schedule page: https://www.house.leg.state.mn.us/htv/schedule.asp

All events are closed-captioned.

To provide feedback on digital accessibility of meeting information, please submit comments through the Minnesota Legislature Accessibility & Usability Comment Form. If you require an accommodation, please contact John Howe at: John.Howe@house.mn or by leaving a message at 651-296-3208. Please do not contact him with questions about the substance of the meeting agenda. To learn more about requesting an accommodation, please visit the FAQs for Disability Access.

To submit written testimony to be included in the official record, please email the Committee Administrator no later than 4PM on Wednesday, April 6, at simon.brown@house.mn. To request to testify orally, please email the Committee Administrator as soon as possible (no less than 24 hours ahead of time preferred) at simon.brown@house.mn.