Bill > SF1753

This bill establishes a financial transfer to support Minnesota's Agriculture Best Management Practices (AgBMP) Loan Program by moving $1,425,000 from the state's general fund to a special agricultural and environmental revolving loan account in each of fiscal years 2026 and 2027. The transferred funds will be used to provide low-interest or no-interest loans to agricultural enterprises, with the goal of helping farmers implement environmental best practices. After the initial two-year period, the bill sets a base transfer amount of $1,425,000 for fiscal year 2028 and subsequent years, ensuring ongoing financial support for the program. The loans will be issued through the existing AgBMP Loan Program, which is authorized under Minnesota Statutes, section 17.117, and is designed to help farmers adopt practices that protect and improve environmental quality while supporting agricultural operations.

Agriculture and Natural Resources

https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF1753&ssn=0&y=2025