Minnesota HF1646 modifies the definition of debt buyer, funds Undue Medical Debt grants, and mandates reports.

Minnesota HF1646 amends the definition of debt buyer to exclude nonprofit organizations purchasing charged-off accounts for charitable purposes. It appropriates $5,000,000 in fiscal year 2026 to the commissioner of commerce for a grant to Undue Medical Debt to relieve medical debt of eligible residents. The grant is available until June 30, 2028. The bill also requires Undue Medical Debt to report to the commissioner of commerce and the attorney general on the number and characteristics of residents who have had medical debts relieved under this appropriation.

Minnesota HF1646 modifies the definition of debt buyer, funds Undue Medical Debt grants, and mandates reports.

Minnesota HF1646 amends the definition of debt buyer to exclude nonprofit organizations purchasing charged-off accounts for charitable purposes. It appropriates $5,000,000 in fiscal year 2026 to the commissioner of commerce for a grant to Undue Medical Debt to relieve medical debt of eligible residents. The grant is available until June 30, 2028. The bill also requires Undue Medical Debt to report to the commissioner of commerce and the attorney general on the number and characteristics of residents who have had medical debts relieved under this appropriation.