Minnsights Blog

Last week, the Legislature was in recess. This week, they’ve returned and are urgently working toward their required adjournment on May 19, which is just a few weeks away. They still have a lot to accomplish, especially finishing work on the state budget. The new fiscal year starts July 1, and if the Legislature doesn’t wrap up by May 19, a special session will be required. We’d much prefer them to finish on time, produce a balanced budget and address a few key priorities for the business community.

Jam Hops, a children’s recreational facility in Ham Lake, established Jam Hope Café in 2024 to provide work experience for teens and adults with special needs. Upon opening their café, Jam Hope knew they wanted to promote sustainability in addition to accessibility. They submitted a grant application in April of 2024 for compostable products and bins to house their three streams of waste.

As the Minnesota Legislature pauses for its district recess, the business community is urging lawmakers to return with a renewed focus on key economic issues. Top priorities include controlling costs, addressing employer mandates, improving the new paid leave law and advancing environmental permitting reform. With the May 19 adjournment approaching, now is the time for bipartisan action.

Part of what makes the Minnesota Chamber unique is its amazing group of volunteer business leaders that serve on the Chamber's Board of Directors. As representatives of our membership, Board members are chosen because of their active participation in the Minnesota Chamber of Commerce, their business experience, involvement in civic affairs, and/or their commitment to helping shape public policy to ensure Minnesota’s economic competitiveness.

Business succession and transition mark key points in a business’ life and the owner’s life. While representing a new era, business succession and transition (BST) requires significant effort and change from everyone involved. BST planning can help ensure long-term, sustainable success and a smooth exit for the owner.