Bill > SF3502

This bill extends the expiration date of the farmer-lender mediation program from June 30, 2027, to June 30, 2032. The farmer-lender mediation program is a legal mechanism designed to help farmers and agricultural lenders resolve financial disputes and potential foreclosure situations through a structured mediation process. By reauthorizing the program for an additional five years, the bill ensures that farmers continue to have access to a supportive dispute resolution framework that can help them navigate financial challenges and potentially avoid losing their agricultural operations. The bill specifically amends Minnesota Statutes section 583.215 to update the expiration date for several related statutory sections, including those covering agricultural debt, foreclosure, and mediation processes.

Agriculture and Natural Resources

https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF3502&ssn=0&y=2025