SF2179

This bill (S.F. No. 2179) proposes an amendment to Minnesota Statutes 2024, section 115A.902, requiring tire collectors to obtain a surety bond before receiving or renewing a permit. The key provisions include:

• Tire collectors must file a surety bond of at least $150,000 with the commissioner.
  
• The bond must be issued by a surety company authorized to operate in Minnesota and must remain in effect until canceled.
  
• If canceled, the surety must provide a 30-day written notice to both the tire collector and the commissioner.
  
• The bond is intended to protect Minnesota citizens and ensure compliance with state solid waste laws (sections 115A.90 to 115A.914).
  
• The liability of the surety is capped at the bond amount or the actual damages, whichever is lower, but this does not limit the total damages recoverable from the tire collector.
  
• The commissioner will prescribe the format of the bond.
  

The bill seeks to reinforce waste management regulations by ensuring financial responsibility from tire collectors.