March 9, 2026 | Mark Luis Foster

A new bill, SF 4300, has been introduced into the State Legislature for consideration by legislators in St. Paul and would have a profound effect on HOAs. The authors are Pha; Marty; Lucero; and Hemmingsen-Jaeger.

You can read the bill HERE.

The plain language summary that I found follows:

This bill establishes a registration system for residential common interest communities in Minnesota, to be managed by the Department of Commerce. It introduces a new section in the Minnesota Statutes, chapter 515B, which outlines definitions relevant to common interest communities, including terms such as “Association,” “Common interest community,” and “Master developer.” The bill mandates that these communities must register annually if they own any units in Minnesota, providing detailed information such as their legal name, contact details, governing documents, and financial data. Additionally, if a community is under the control of a master developer, specific information about the developer must also be included in the registration.

The bill also stipulates an annual registration fee of $55 to support the registration system and the common interest community ombudsperson. It classifies the data collected as private, ensuring the confidentiality of individual information. Furthermore, the Department of Commerce is required to notify any community that fails to register, giving them a 60-day period to comply. The provisions of this bill are set to take effect on January 1, 2027.

We are monitoring this and will discuss this and other evolving legislative issues at chapter meetings.