reglab/housing_qa huggingface dataset:
MN Stat § 116J.86 (2021)
2021 Minnesota Statutes|Chapters 116J - 116O — Economic Development And Planning|Chapter 116J — Employment And Economic Development|Section 116J.86 — Compilation And Maintenance Of Statistical Data.

116J.86 COMPILATION AND MAINTENANCE OF STATISTICAL DATA. The bureau shall obtain and keep on an annual basis appropriate statistical data regarding the number of licenses issued by agencies, the amount of time necessary for the licenses to be issued, the cost of obtaining the licenses, the types of projects for which specific licenses are issued, a geographic distribution of licenses issued, and other pertinent data which the director deems appropriate. The bureau shall analyze the data by type of license and by agency responsible and shall make its findings available to the public. History:  1981 c 342 art 3 s 14; 1981 c 356 s 248
MN Stat § 116J.8761 (2021)
2021 Minnesota Statutes|Chapters 116J - 116O — Economic Development And Planning|Chapter 116J — Employment And Economic Development|Section 116J.8761 — Capital Access Program; Creation; Administration.

116J.8761 CAPITAL ACCESS PROGRAM; CREATION; ADMINISTRATION. (a) A capital access program is created in the Department of Employment and Economic Development. The purpose of the capital access program is to provide capital to businesses, particularly small and medium-sized businesses, to foster economic development. Capital may be provided in the form of equity investments for community development venture capital funds or loans for all other assistance under the program. Loans made under this program are to be slightly riskier than conventional loans, but still offer a high degree of soundness in connection with the capital access program. (b) The commissioner has the power to administer the program, enter into contracts, and take action reasonably necessary to ensure compliance with the program. The lender shall provide the commissioner with information regarding its participation in the program as the commissioner may reasonably require. Upon notice to the lender, the commissioner may inspect the files of the lender relating to any loans enrolled under the program during normal business hours of the lender. (c) A lender is eligible to participate in the program upon entering into an agreement with the commissioner governing the duties of the commissioner and the lender under the program. History:  1989 c 335 art 1 s 147; 2001 c 153 s 2; 1Sp2003 c 4 s 1
MN Stat § 116J.8762 (2021)
2021 Minnesota Statutes|Chapters 116J - 116O — Economic Development And Planning|Chapter 116J — Employment And Economic Development|Section 116J.8762 — Commissioner; Duties.

116J.8762 COMMISSIONER; DUTIES. Subdivision 1. Duties. The commissioner must: (1) with respect to loans: (i) market the capital access program to businesses and other persons in the state in cooperation with financial institutions and statewide associations representing financial institutions; (ii) establish a reservation or allocation system so that lenders may reserve an allocation of funds in the account before or after the lender enters into a loan agreement or contract with a borrower; and (iii) develop the program, in cooperation with financial institutions and statewide associations representing financial institutions, so that the degree of flexibility for the commissioner and the participating lenders is maximized and the state oversight of individual loans is minimized, and the fiscal integrity of the program is maintained; and (2) with respect to equity investments: (i) market the program to businesses and community development venture capital funds; and (ii) enter into appropriate contracts and agreements with community development venture capital funds. Subd. 2. Interests of commissioner. Except upon the exercise of the commissioner's right of subrogation under section 116J.8767, the commissioner has no legal or equitable interest in any collateral, security, or other right of recovery in connection with any loan enrolled in the program, and the commissioner's consent is not necessary for any amendment to the lender's loan documents. History:  1989 c 335 art 1 s 148; 2001 c 153 s 3
MN Stat § 116J.8763 (2021)
2021 Minnesota Statutes|Chapters 116J - 116O — Economic Development And Planning|Chapter 116J — Employment And Economic Development|Section 116J.8763 — Eligible Loans.

116J.8763 ELIGIBLE LOANS. Subdivision 1. Loan types. Eligible loans may include: (1) loans made for industrial, commercial, or agricultural purposes; (2) refinancing of loans made for the purposes in clause (1); and (3) lines of credit agreements established between the lender and borrower which are used for the purposes in clause (1). Subd. 2. Loan restrictions. Eligible loans must meet the following criteria: (1) the lender has not made the loan in order to enroll in the program prior debt which is not covered under the program and which is or was owed by the borrower to the lender; (2) the proceeds of the loan will not be used for that portion of a project or development devoted to housing; (3) the proceeds of the loan will not be used to finance passive real estate ownership; and (4) the proceeds of the loan will be used to finance a project or enterprise located within this state which will foster economic development in Minnesota. Subd. 3. Loan provisions. An eligible loan may provide for an interest rate, fees, and other terms and conditions as the lender and borrower may agree. If the loan amount to be borrowed is determined by a commitment agreement that establishes a line of credit, the amount of the loan is the maximum amount available to the borrower under the agreement. History:   1989 c 335 art 1 s 149
MN Stat § 116J.8767 (2021)
2021 Minnesota Statutes|Chapters 116J - 116O — Economic Development And Planning|Chapter 116J — Employment And Economic Development|Section 116J.8767 — Subrogation Of Claims.

116J.8767 SUBROGATION OF CLAIMS. Subdivision 1. Limitation. The commissioner may exercise the right of subrogation under this section if the commissioner determines, in the commissioner's discretion, that the lender has not exercised reasonable care and diligence in its collection activities with respect to the loan or that there is a reasonable basis for believing that the lender will not exercise reasonable care and diligence in the future with respect to the collection activities. Subd. 2. Assignment of rights. If the payment of a claim has fully covered the lender's loss on an enrolled loan, or if the payment of a claim when combined with any recovery from the borrower has fully covered the lender's loss, the commissioner, upon request, is subrogated to the rights of the lender with respect to any collateral, security, or other right of recovery in connection with the loan that has not been realized by the lender. The lender thereafter shall assign to the commissioner any right, title, or interest to any collateral, security, or other right of recovery in connection with the loan. Subd. 3. Lender obligations. If an assignment has been made, the commissioner is not required to undertake any obligations of the lender under its loan documents, except for any obligations directly related to the commissioner's assigned rights of recovery in connection with the loan. The lender shall fulfill any other obligations it may have under the loan documents in the same manner and to the same degree as required had the assignment not been made. The lender shall provide the commissioner with all reasonable assistance the commissioner requests in proceeding with respect to any collateral, security, or other right of recovery, except that the lender need not incur any out-of-pocket expenses. Subd. 4. Payment of lender's loss. If the commissioner decides to exercise the right of subrogation in connection with an enrolled loan and would be entitled to exercise the right except for the fact that the lender's loss has not been fully covered, the commissioner may pay from money in the reserve fund an amount sufficient to fully cover the lender's loss even though the payment may cover a principal amount not covered under the program or not included in the lender's claim. Upon making the payment, the commissioner is subrogated to the rights of the lender. Subd. 5. Recovered funds. Any money received by the commissioner as a result of enforcement actions taken with respect to any collateral, security, or other rights of recovery must be promptly deposited by the commissioner in the reserve fund, less any out-of-pocket expenses incurred by the commissioner in taking such enforcement actions. History:   1989 c 335 art 1 s 153
MN Stat § 116J.8768 (2021)
2021 Minnesota Statutes|Chapters 116J - 116O — Economic Development And Planning|Chapter 116J — Employment And Economic Development|Section 116J.8768 — Excess Reserve Funds.

116J.8768 EXCESS RESERVE FUNDS. Subdivision 1. Reports. The lender shall file quarterly reports with the commissioner indicating the number and aggregate outstanding balance of all enrolled loans as of the end of each quarter. A quarterly report is not required for any quarter that ends with a balance in the reserve fund of zero, except that a calendar year-end report must be filed. In computing the aggregate outstanding balance of all enrolled loans, the balance of any loan may not be greater than the covered amount of the loan as enrolled. Subd. 2. Withdrawal of excess reserve funds. (a) If reports filed under this section indicate that for the immediately preceding 24-month period the balance in the reserve fund continually exceeded the aggregate outstanding balance of all enrolled loans, the commissioner may withdraw from the reserve fund, on or before the last day of the month for which a report is due, an amount not greater than the amount by which the reserve fund balance exceeded the aggregate outstanding balance of all enrolled loans as of the most recent report, unless the lender has provided to the commissioner adequate documentation that at some time during that 24-month period the aggregate outstanding balance of all enrolled loans exceeded the balance then in the reserve fund. Any amounts withdrawn from the reserve fund must be transferred to the account. (b) If a report is not filed within 30 days of its original due date, the commissioner may withdraw from the reserve fund based on the commissioner's determination from an inspection of the lender's files an amount not greater than the amount by which the reserve fund balance exceeded the aggregate outstanding balance of all enrolled loans as of the date for which the report was required to be filed. History:   1989 c 335 art 1 s 154
MN Stat § 116J.8769 (2021)
2021 Minnesota Statutes|Chapters 116J - 116O — Economic Development And Planning|Chapter 116J — Employment And Economic Development|Section 116J.8769 — Termination.

116J.8769 TERMINATION. The commissioner may terminate the obligation to a lender to enroll loans under the program if the commissioner determines that the lender is not in substantial compliance with the requirements of the program. The termination takes effect on the date specified in the notice of termination, except that the termination does not apply to any loan made on or before the date on which the notice of termination is received by the lender. If the commissioner is terminating the enrollment of loans for all participating lenders under the program, the commissioner shall provide notice of at least 90 days to the lender. Any terminations under this section are prospective only and do not apply to any loans previously refinanced. After termination, the amount covered under the program may not be increased beyond the covered amount as previously enrolled. History:   1989 c 335 art 1 s 155
MN Stat § 116J.8770 (2021)
2021 Minnesota Statutes|Chapters 116J - 116O — Economic Development And Planning|Chapter 116J — Employment And Economic Development|Section 116J.8770 — Equity Investments.

116J.8770 EQUITY INVESTMENTS. The commissioner may invest funds from the capital access account to make equity investments in community development venture capital funds for the purpose of providing capital for small and emerging businesses. The community development venture capital fund must have experience in equity investments with small businesses and the ability to raise private capital. History:   2001 c 153 s 4
MN Stat § 116J.8771 (2021)
2021 Minnesota Statutes|Chapters 116J - 116O — Economic Development And Planning|Chapter 116J — Employment And Economic Development|Section 116J.8771 — Waiver.

116J.8771 WAIVER. The capital access program is exempt from section 16C.05, subdivision 2, paragraph (b). History:  2001 c 153 s 5; 1Sp2003 c 1 art 2 s 64
MN Stat § 116J.955 (2021)
2021 Minnesota Statutes|Chapters 116J - 116O — Economic Development And Planning|Chapter 116J — Employment And Economic Development|Section 116J.955 — Rural Rehabilitation Revolving Account.

116J.955 RURAL REHABILITATION REVOLVING ACCOUNT. Subdivision 1. Establishment. The rural rehabilitation account is in the special revenue fund. The money transferred to the state as a result of liquidating the Rural Rehabilitation Corporation Trust, and money derived from transfer of the trust to the state, must be credited to the rural rehabilitation account. The principal amount of the rural rehabilitation account must be invested by the state investment board. The income attributable to investment of the principal is appropriated to the commissioner for the purposes of Laws 1987, chapter 386, article 1. Subd. 2. Expenditure of account. The commissioner may use the rural rehabilitation account for the purposes that are allowed under the Minnesota Rural Rehabilitation Corporation's charter and agreement, as may be amended or modified by, the United States Secretary of Agriculture as provided in Public Law 499, 81st Congress, enacted May 3, 1950 and as allowed under Laws 1987, chapter 386, article 1. Not more than three percent of the combined book value of the Minnesota rural rehabilitation account and the regional revolving funds may be used for administrative purposes in a year without approval of the United States Secretary of Agriculture. Any funds used for administrative purposes may only be drawn from money remaining in the Minnesota rural rehabilitation account. Subd. 3. Transfer of authorized records to commissioner. The authority, assets, books, and records held by the Minnesota Rural Rehabilitation Corporation and later by the state Executive Council under Public Law 499, 81st Congress, May 3, 1950, is transferred to the commissioner. History:  1985 c 254 s 2; 1987 c 386 art 1 s 1,2; 1989 c 335 art 4 s 49,50; 2003 c 128 art 13 s 22
MN Stat § 116J.976 (2021)
2021 Minnesota Statutes|Chapters 116J - 116O — Economic Development And Planning|Chapter 116J — Employment And Economic Development|Section 116J.976 — State Approval Of Government Procurement Agreements.

116J.976 STATE APPROVAL OF GOVERNMENT PROCUREMENT AGREEMENTS. Any decision of the state to enter into government procurement agreements relating to United States trade agreements must be approved by the governor and the legislature. History:   2008 c 300 s 3
MN Stat § 116J.978 (2021)
2021 Minnesota Statutes|Chapters 116J - 116O — Economic Development And Planning|Chapter 116J — Employment And Economic Development|Section 116J.978 — Minnesota Trade Offices In Foreign Markets.

116J.978 MINNESOTA TRADE OFFICES IN FOREIGN MARKETS. (a) The commissioner of employment and economic development shall establish three new Minnesota Trade Offices in key foreign markets selected for their potential to increase Minnesota exports and attract foreign direct investment. (b) The commissioner shall establish a performance rating system for the new offices established under this section and create specific annual goals for the offices to meet. The commissioner shall monitor activities of the office, including, but not limited to, the number of inquiries and projects received and completed, meetings arranged between Minnesota companies and potential investors, distributors, or customers, and agreements signed. History:   2013 c 85 art 3 s 10
MN Stat § 116J.9781 (2021)
2021 Minnesota Statutes|Chapters 116J - 116O — Economic Development And Planning|Chapter 116J — Employment And Economic Development|Section 116J.9781 — Invest Minnesota.

116J.9781 INVEST MINNESOTA. The commissioner shall establish the Invest Minnesota marketing initiative. This initiative must focus on branding the state's economic development initiatives and promoting Minnesota business opportunities. The initiative may include measures to communicate the benefits of doing business in Minnesota to companies considering relocating, establishing a United States presence, or expanding. History:   2013 c 85 art 3 s 12
MN Stat § 116J.979 (2021)
2021 Minnesota Statutes|Chapters 116J - 116O — Economic Development And Planning|Chapter 116J — Employment And Economic Development|Section 116J.979 — Minnesota Step Grants.

116J.979 MINNESOTA STEP GRANTS. Subdivision 1. Establishment. The commissioner of employment and economic development shall create a State Trade and Export Promotion grants program, hereafter STEP grants, to provide financial and technical assistance to eligible Minnesota small businesses with an active interest in exporting products or services to foreign markets. Subd. 2. Grants. Recipients may apply, on an application devised by the commissioner, for up to $7,500 in reimbursement for approved export-development activities, including, but not limited to: (1) participation in trade missions; (2) export training; (3) exhibition at trade shows or industry-specific events; (4) translation of marketing materials; (5) development of foreign language websites, Gold Key, or other business matchmaking services; (6) company-specific international sales activities; and (7) testing and certification required to sell products in foreign markets. History:   2013 c 85 art 3 s 11
MN Stat § 116J.980 (2021)
2021 Minnesota Statutes|Chapters 116J - 116O — Economic Development And Planning|Chapter 116J — Employment And Economic Development|Section 116J.980 — Community Development.

116J.980 COMMUNITY DEVELOPMENT. Subdivision 1. Duties. The Department of Employment and Economic Development shall: (1) be responsible for administering all state community development and assistance programs, including the economic recovery account, the rural development programs, the Minnesota Public Facilities Authority loan and grant programs, and the enterprise zone program; (2) be responsible for state administration of federally funded community development and assistance programs, including the small cities development grant program, the Minnesota cleanup revolving loan fund program created under the Brownfields Revitalization and Environmental Restoration Act of 2001, Public Law 107-118, title II, under the authority of the United States Environmental Protection Agency, and land and water conservation programs; (3) provide technical assistance to rural communities for community development in cooperation with regional development commissions; (4) coordinate the development and review of state rural development policies; and (5) be responsible for coordinating community assistance and development programs in cooperation with regional development commissions. Subd. 2. General complement authority. The department may combine all related state and federal complement positions into general fund positions, to carry out the responsibilities under subdivision 1. The number of general fund positions must not exceed the aggregate number of all state and federal positions that are to be combined. Records of the actual number of employee hours charged to each state and federal account must be maintained for each general fund position. Subd. 3. Coordination required for housing related grants. The commissioner must coordinate with the commissioner of the Minnesota Housing Finance Agency to ensure that housing related grant applications for the Small Cities Community Development Block Grant Program under section 116J.401 are consistent with the agency's most recent housing affordability plan and do not duplicate existing state housing programs. Subd. 4.  [Repealed, 2001 c 200 s 4] History:  1987 c 312 art 1 s 26 subd 2; 1987 c 386 art 4 s 1; 1989 c 335 art 4 s 106; 1990 c 429 s 1; 1991 c 157 s 1; 1993 c 163 art 1 s 21,22; 1996 c 369 s 9; 1Sp2003 c 4 s 1; 2004 c 206 s 23
MN Stat § 116J.9923 (2021)
2021 Minnesota Statutes|Chapters 116J - 116O — Economic Development And Planning|Chapter 116J — Employment And Economic Development|Section 116J.9923 — Telecommuter Forward! Certification.

116J.9923 TELECOMMUTER FORWARD! CERTIFICATION. Subdivision 1. Definition. In this section, "political subdivision" means a city, township, or county. Subd. 2. Certification. A political subdivision may apply to the commissioner of employment and economic development for certification as a Telecommuter Forward! Community. The commissioner of employment and economic development shall prescribe the form and manner for making an application. Before approving an application, the commissioner shall consider the application and the information in subdivision 3. Subd. 3. Resolution. In addition to the application in subdivision 2, a political subdivision must adopt a resolution that does both of the following: (1) states the political subdivision's support and commitment to promote the availability of telecommuting options; and (2) provides for a single point of contact for coordinating telecommuting opportunities that has all of the following responsibilities: (i) coordination and partnership with broadband providers, realtors, economic development professionals, employers, employees, and other telecommuting stakeholders; (ii) collaboration with broadband providers and employers to identify, develop, and market telecommuter-capable broadband packages; (iii) communication and partnership with broadband providers and economic development professionals to develop common goals; (iv) promotion of telecommuter-friendly work spaces, such as business incubators with telecommuting spaces, if such a work space has been established in the political subdivision at the time the political subdivision adopts the resolution; (v) familiarity with broadband mapping tools and other state-level resources; (vi) maintaining regular communication with the state broadband office; and (vii) making regular reports to the governing body of the political subdivision. History:   2019 c 13 s 1
MN Stat § 116J.995 (2021)
2021 Minnesota Statutes|Chapters 116J - 116O — Economic Development And Planning|Chapter 116J — Employment And Economic Development|Section 116J.995 — Economic Grants.

116J.995 ECONOMIC GRANTS. An appropriation rider in an appropriation to the Department of Employment and Economic Development that specifies that the appropriation be granted to a particular business or class of businesses must contain a statement of the expected benefits associated with the grant. At a minimum, the statement must include goals for the number of jobs created or enhanced, wages paid, and the tax revenue increases due to the grant. The wage and job goals must contain specific goals to be attained within two years of the benefit date. The statement must specify the recipient's obligation if the recipient does not attain the goals. At a minimum, the statement must require a recipient failing to meet the job and wage goals to pay back the assistance plus interest to the Department of Employment and Economic Development provided that repayment may be prorated to reflect partial fulfillment of goals. The interest rate must be set at no less than the implicit price deflator as defined under section 116J.994, subdivision 6. The legislature, after a public hearing, may extend for up to one year the period for meeting the goals provided in the statement. History:  1999 c 243 art 12 s 3; 2000 c 482 s 12; 2001 c 7 s 29; 2003 c 128 art 13 s 27; 1Sp2003 c 4 s 1