STATE BUDGET

The Minnesota state budget operates on a biennium cycle, covering two fiscal years. Minnesota’s fiscal biennium begins on July 1 of odd-numbered years.  State agencies submit their budget requests to the governor by October 15.  The governor submits a proposed budget to the state legislature on the fourth Tuesday in January. This deadline is extended to the third Tuesday in February for a newly elected governor.  The legislature typically adopts a budget in May.  The governor is legally required to submit a balanced budget proposal and the legislature is legally required to pass a balanced budget.

STATE LEGISLATURE

The state legislature has 67 senators, and 134 members of the House of Representatives.  Representatives serve two year terms, and Senators run for one two-year term and two four-year terms each decade.  Both houses of the legislature meet between January and the first Monday following the third Saturday in May each year, not to exceed 120 legislative days per biennium.  Bills carry over from odd to even years.

KEY RESOURCES

• Minnesota State Legislature
• Office of the Attorney General
• Minnesota Governor
• Information on Healthcare Policy in Minnesota

2025 LEGISLATIVE SUMMARY

Minnesota introduced several bills addressing facility fees, reference based pricing, and private equity that will roll over into 2026. SF1503 would prohibit facility fees for specified services, including nonemergency services at off-campus , hospital owned clinics and require annual reporting of facility fee data. SF3354 would prohibit private equity and real estate investment trusts from owning and directing healthcare service facilities. SF2972 and HF2771 would limit private equity ownership of nonprofit nursing homes, require notice of intent to acquire nonprofit healthcare facilities and restrict private equity intervention with physician judgements. HF622 would allow insurers to provide plans utilizing reference-based pricing.