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Minnesota Legislature
2013-2014 Regular Session

NINTH MEETING - Commerce and Consumer Protection Finance and Policy

February 26, 2013

STATE OF MINNESOTA NINTH MEETING
HOUSE OF REPRESENTATIVES EIGHTY-EIGHTH SESSION

COMMITTEE ON COMMERCE AND CONSUMER PROTECTION FINANCE AND POLICY

MINUTES

Representative Atkins, Chair of Committee on Commerce and Consumer Protection Finance and Policy, called the meeting to order at 4:06 PM February 26, 2013 in the Basement Hearing Room of the State Office Building.

The Committee Legislative Assistant noted the roll.

Members present:
Atkins, Chair
Fritz, Vice Chair
Hoppe, Lead
Anderson, S.
Anzelc
Davids
Dehn
Falk
Halverson
Hilstrom
Hortman
Johnson, S.
Lillie
Loon
Sanders
Schoen
Sundin
Theis
Swedzinski
Woodard
Zellers

Members excused:
Slocum

A quorum was present

Rep. Halvorson moved that the minutes from the meeting on February 19, 2013 be approved. THE MOTION PREVAILED.

Rep. Anderson moved that the minutes from the meeting on February 25, 2013 be approved. THE MOTION PREVAILED.

HF 711 (Ward, J.E.) Explore MN Tourism money appropriated.

Rep. Atkins moved HF 711 be laid over for possible inclusion in the Tourism Budget Bill.

The following people gave testimony on HF 711:

Rep. John Ward
Lisa Paxton, Minnesota Tourism Growth Coalition
Doug Killian, Mall of America
Joel Carlson, Congress of MN Resorters
Mark Novotney, Hyde-away-Bay Resort
John Edmund, Explore Minnesota Tourism

HF 711 was laid over for possible inclusion in the Tourism Budget Bill.

Rep. Fritz assumed the gavel.

HF 712 (Atkins) Rental motor vehicles tax revenue deposit modified

Rep. Atkins moved that HF 712 be recommended to pass and be re-referred to the committee on Taxes.

The following people testified on behalf of HF 712:

Rep. Joe Atkins

Rep. Atkins moved that HF 712 be recommended to pass and be re-referred to the committee on Taxes. THE MOTION PREVAILED.

Rep. Atkins assumed the gavel.

HF 791 (Hortman) Annuity products regulated, and model regulation adoption enacted and modified by the National Association of Insurance Commissioners relating to Suitability in annuity transactions.

Rep. Hortman moved HF 791 be recommended to pass and re-referred to the General Register.

The following people testified on behalf of HF 791:

Rep. Melissa Hortman
Robyn Rowen, MIFSC
Dominic Sposeto, CMR
Allen Gilbert, Attorney General's Office

Rep. Hortman moved amendment H0791A1. THE AMENDMENT WAS ADOPTED

Rep. Hortman moved an oral amendment to add to line 6.9 "and the elevated review shall be conducted by a natural person or persons." THE AMENDMENT WAS ADOPTED.

Rep. Hortman moved HF 791 be recommended to pass, as amended, and re-referred to the General Register. THE MOTION PREVAILED.

The meeting was adjourned at 5:30 PM.

___________________________
Representative Joe Atkins, Chair


_________________________________________
Pete Vujovich, Committee Legislative Assistant
More Info On This Meeting..
Agenda:

Bills Added:
  • HF711 (Ward) - Explore Minnesota Tourism funding provided, and money appropriated.
  • HF712 (Atkins) - Rental motor vehicle tax revenue deposit modified, Explore Minnesota Tourism funding provided, and money appropriated.
  • HF791 (Hortman) - Annuity products regulated, and model regulation adoption enacted and modified by the National Association of Insurance Commissioners relating to suitability in annuity transactions.
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