Bill
SF 2794
Certain loans and contract for deed maximum interest rate modification provision, group capital calculations for insurers establishments, Insurers completion of NAIC liquidity stress test requirement provision, and insurers filing group capital calculations and results from the NAIC liquidity stress test requirement provision, and insurers securing a deposit or bond requirement provision
2025-2026 Regular Session
Introduced by Matt Klein and 1 co-sponsor
Minnesota bill modifies consumer loan interest rate caps and imposes financial stability/stress-testing requirements on insurers to strengthen oversight and consumer protection.
Comm report: To pass and re-referred to Commerce and Consumer Protection