SF1753 (Legislative Session 94 (2025-2026))
Agriculture best management practices loan program transferal
Related bill: HF1920
AI Generated Summary
This bill proposes transferring funds to support the Agriculture Best Management Practices (Ag BMP) Loan Program in Minnesota. Specifically, it allocates $1,425,000 from the general fund to the agricultural and environmental revolving loan account in both fiscal years 2026 and 2027. The funds will be used to provide low-interest or no-interest loans aimed at encouraging best management practices in agriculture. Additionally, the bill establishes a recurring annual transfer of $1,425,000 starting in fiscal year 2028 and ongoing thereafter.
Bill text versions
- Introduction PDF file
Actions
Date | Chamber | Where | Type | Name | Committee Name |
---|---|---|---|---|---|
February 23, 2025 | House | Floor | Action | Introduction and first reading | |
February 23, 2025 | Senate | Floor | Action | Introduction and first reading | |
February 23, 2025 | House | Floor | Action | Referred to | Agriculture, Veterans, Broadband, and Rural Development |
February 23, 2025 | Senate | Floor | Action | Referred to | Agriculture, Veterans, Broadband, and Rural Development |
Citations
[ { "analysis": { "added": [ "Funding transferred from the general fund to support low-interest or no-interest loans." ], "removed": [ "" ], "summary": "This bill provides funding to the agriculture best management practices loan program under section 17.117.", "modified": [ "" ] }, "citation": "17.117", "subdivision": "subdivision 5a" }, { "analysis": { "added": [ "Establishes baseline funding for fiscal year 2028 and subsequent years." ], "removed": [ "" ], "summary": "This bill further supports the agriculture best management practices loan program under section 17.117.", "modified": [ "" ] }, "citation": "17.117", "subdivision": "" } ]