No bans on nondisclosure agreements for economic development: The Chamber successfully defeated multiple proposals this session which would have banned NDAs between municipalities and other local units of government and businesses. One proposal would have banned NDAs for any economic development purpose, and the other would have banned them for data center construction.
No broad AI regulatory frameworks: After more than 40 proposals introduced this session to regulate artificial intelligence, there were no AI regulatory frameworks passed which would have regulated or prohibited routine business practices, such as pricing and automated decision systems. We continue to encourage policymakers to first consider the benefits of a federal regulatory approach to AI and to hold thorough discussions about state level regulation that includes input from a variety of experts.
CONTINUED CHALLENGES
Data centers continue to be a source of bipartisan opposition in the Minnesota Legislature. Opposition appears in multiple committee areas, and the Chamber continues to oppose efforts to curtail this sector of economic growth.
Businesses should expect continued legislative efforts to regulate how AI tools are used across workplace operations, customer service, hiring and other day-to-day business functions. The Chamber will continue to oppose efforts to create a patchwork of artificial intelligence regulations.
The Chamber expects continued legislative efforts to increase government involvement in private business decisions, including executive compensation, corporate governance and operational practices in regulated industries.
