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<br /> ®<br /> 2012<br /> Legislative Update<br /> Dear Minnesota REALTORS®:<br /> The 2012 Legislature convened on January 24th and, after 250 calendar days, of which 119 were<br /> spent in active session, the 87th Minnesota Legislature adjourned for the year on May 10th.<br /> The 119 legislative days used by this Legislature is tied for second most in the history of the state.<br /> The length of the 2012 Session was somewhat surprising since the GOP Leadership began the<br /> session with the promise that it would be a “short” session and House leaders even distributed a<br /> calendar listing an adjournment date of April 30, 2012.<br /> A positive budget forecast released in early March meant the legislature and Governor would not<br /> have to negotiate a budget in 2012, which was the issue that ultimately led to a state government<br /> shut-down in 2011.<br /> With the budget in balance, lawmakers had three controversial and challenging issues on their<br /> age<a title="2012 Legislative Update page 1" href="http://viewer.zmags.com/publication/10fa0be6?page=1"> ® 2012 Legislative Update</a> <a title="2012 Legislative Update page 2" href="http://viewer.zmags.com/publication/10fa0be6?page=2"> Dear Minnesota REALTORS®: The 2012 Legislature </a> <a title="2012 Legislative Update page 3" href="http://viewer.zmags.com/publication/10fa0be6?page=3"> In particular, the MNAR Governmental Affairs team</a> <a title="2012 Legislative Update page 4" href="http://viewer.zmags.com/publication/10fa0be6?page=4"> Legislative Up2d0a1te2 State Budget Gov. Mark</a> <a title="2012 Legislative Update page 5" href="http://viewer.zmags.com/publication/10fa0be6?page=5"> Taxes and Spending After failing to reach a com</a> <a title="2012 Legislative Update page 6" href="http://viewer.zmags.com/publication/10fa0be6?page=6"> Legislative Up2d0a1te2 Omnibus Tax Bill 1 HF 233</a> <a title="2012 Legislative Update page 7" href="http://viewer.zmags.com/publication/10fa0be6?page=7"> The key provisions in the bill of interest to REA</a> <a title="2012 Legislative Update page 8" href="http://viewer.zmags.com/publication/10fa0be6?page=8"> Legislative Up2d0a1te2 Omnibus Tax Bill 2 HF 247</a> <a title="2012 Legislative Update page 9" href="http://viewer.zmags.com/publication/10fa0be6?page=9"> Omnibus Tax Policy & Technical Bill HF 2690/SF 21</a> <a title="2012 Legislative Update page 10" href="http://viewer.zmags.com/publication/10fa0be6?page=10"> Legislative Up2d0a1te2 Hennepin County Mortgage </a> <a title="2012 Legislative Update page 11" href="http://viewer.zmags.com/publication/10fa0be6?page=11"> Ramsey County Mortgage Registry and Deed Taxes SF</a> <a title="2012 Legislative Update page 12" href="http://viewer.zmags.com/publication/10fa0be6?page=12"> Legislative Up2d0a1te2 MNAR Bills Li</a> <a title="2012 Legislative Update page 13" href="http://viewer.zmags.com/publication/10fa0be6?page=13"> Many real estate licensees own and manage rental </a> <a title="2012 Legislative Update page 14" href="http://viewer.zmags.com/publication/10fa0be6?page=14"> Legislative Up2d0a1te2 Department of Commerce Inv</a> <a title="2012 Legislative Update page 15" href="http://viewer.zmags.com/publication/10fa0be6?page=15"> What is RPAC? REALTOR Political Action Committee </a> <a title="2012 Legislative Update page 16" href="http://viewer.zmags.com/publication/10fa0be6?page=16"> Legislative Up2d0a1te2 Other Bills of Interes</a> <a title="2012 Legislative Update page 17" href="http://viewer.zmags.com/publication/10fa0be6?page=17"> Unlike other legislative sessions in recent years</a> <a title="2012 Legislative Update page 18" href="http://viewer.zmags.com/publication/10fa0be6?page=18"> Legislative Up2d0a1te2 HF 1886/SF 1521 Rep. </a> <a title="2012 Legislative Update page 19" href="http://viewer.zmags.com/publication/10fa0be6?page=19"> Rep. Mullery (DFL) Lastly, at the end of Apri</a> <a title="2012 Legislative Update page 20" href="http://viewer.zmags.com/publication/10fa0be6?page=20"> Legislative Up2d0a1te2 Utility Disconnection Noti</a> <a title="2012 Legislative Update page 21" href="http://viewer.zmags.com/publication/10fa0be6?page=21"> Foreclosure of Timeshares Sen. Limmer (R) Rep. We</a> <a title="2012 Legislative Update page 22" href="http://viewer.zmags.com/publication/10fa0be6?page=22"> Legislative Up2d0a1te2 Limiting Fees & Charges</a> <a title="2012 Legislative Update page 23" href="http://viewer.zmags.com/publication/10fa0be6?page=23"> Sen. Ortman (R) Sen. Newman (R) Tort Reform </a> <a title="2012 Legislative Update page 24" href="http://viewer.zmags.com/publication/10fa0be6?page=24"> Legislative Up2d0a1te2 SF 149-Ortma</a> <a title="2012 Legislative Update page 25" href="http://viewer.zmags.com/publication/10fa0be6?page=25"> Occupational Licensure SF 1629/HF 2002 Sen. Gerl</a> <a title="2012 Legislative Update page 26" href="http://viewer.zmags.com/publication/10fa0be6?page=26"> Legislative Up2d0a1te2 Prohibition on Sprinkler M</a> <a title="2012 Legislative Update page 27" href="http://viewer.zmags.com/publication/10fa0be6?page=27"> The amendment passed the Senate by a vote of 48-1</a> <a title="2012 Legislative Update page 28" href="http://viewer.zmags.com/publication/10fa0be6?page=28"> Legislative Up2d0a1te2 Vacation Home Rentals SF </a> <a title="2012 Legislative Update page 29" href="http://viewer.zmags.com/publication/10fa0be6?page=29"> Protections for Persons Entering Into a Contract </a> <a title="2012 Legislative Update page 30" href="http://viewer.zmags.com/publication/10fa0be6?page=30"> Legislative Up2d0a1te2 SSTS Alternative Local Sta</a> <a title="2012 Legislative Update page 31" href="http://viewer.zmags.com/publication/10fa0be6?page=31"> Exempting a Licensed Attorney from Closing Agent </a> <a title="2012 Legislative Update page 32" href="http://viewer.zmags.com/publication/10fa0be6?page=32"> Legislative Up2d0a1te2 Rental Housing Inspection</a> <a title="2012 Legislative Update page 33" href="http://viewer.zmags.com/publication/10fa0be6?page=33"> Rep. Beard (R) Sen. Vandeveer (R) Interim Zoning</a> <a title="2012 Legislative Update page 34" href="http://viewer.zmags.com/publication/10fa0be6?page=34"> Legislative Up2d0a1te2 Organizations representin</a>