May 2023
Legislative Update
The legislature adjourned it session this week. This session is broadly considered the most unfriendly session towards business in history. Our industry faces an unpreceded number of new sets of rules and regulations. We will be having a statewide tour in the next few weeks to dive more into details than what we can provide on this quick update. Some of the biggest pieces of legislation that were passed include, paid family medical leave, legalized cannabis, earned sick and safe time, a new gas tax which is indexed to inflation, sustainable aviation fuel, and finally the unpleasant modification to our below cost selling statute which we were able to save after being close to being fully repealed. After it’s all said and done its likely this session will have increased the state budget by 40% and being close to spending $72 billion dollars over two years.
As mentioned earlier the below cost statute was very close to being repealed until a compromise was reached. The compromise does two things:
- Repeals the 8 cents or 6% whichever is less.
- Retailers will now be allowed to sell at the average terminal cost (may go lower than the average if they provide proof they purchased it for cheaper and it must include freight)
- Codifies current market practices.
- Meaning that current coupon programs, loyalty programs, and member-based programs will be allowed to sell under cost.
- We have a commitment from legislative leaders to monitor this over the summer and if any negative impacts are seen by this they will be addressed.
Please look at our legislative workshop schedule below and see what ones work for you. If not please reach to Dallas at dfischer@fuelingmn.com for more info!
Legislative Workshop Schedule
RSVP to Anne Leikam at aleikam@fuelingmn.com
Monday, June 12th:
9:00am – 11:00am
New Ulm Conference Center – Schell’s Room
2102 S Broadway Street
New Ulm, MN 56073
2:00pm – 4:00pm
Staybridge Suites
2350 Commerce Dr NW
Rochester, MN 55901
Tuesday, June 13th:
9:00am – 11:00am
Maple Grove Community Center – Room 133
12951 Weaver Lake Road
Maple Grove, MN 55369
2:00pm – 4:00pm
Henry’s Foods – Training Room
Enter through Main Office Entrance (buzzed in) up stairs & to the right
234 North Mckay Ave
Alexandria, MN 56308
Wednesday June 14th:
9:00am -11:00am
Fairfield Inn & Suites
514 Gateway Drive NE
East Grand Forks, MN 56721
3:30pm – 5:30pm
Timberlake Lodge – Oak Room
144 SE 17th Street
Grand Rapids, MN 55744
Thursday, June 15th:
10:00am – 12:00pm
Holiday Inn & Suites Duluth – Downtown
200 West First Street
Duluth, MN 55802