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Bill > HF3549


MN HF3549

MN HF3549
Use of the grain indemnity account modified.


summary

Introduced
02/19/2026
In Committee
02/19/2026
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

A bill for an act relating to agriculture; modifying the use of the grain indemnity account; amending Minnesota Statutes 2024, section 223.24, subdivision 2.

AI Summary

This bill modifies the use of the grain indemnity account, which is a fund used to pay valid claims and administer related programs for grain producers in Minnesota. Specifically, it adds a new provision stating that money from this account cannot be transferred out unless the account balance exceeds $15,000,000. This aims to ensure a sufficient reserve is maintained in the account before any funds are moved for other purposes, providing a safeguard for the indemnity program.

Committee Categories

Agriculture and Natural Resources

Sponsors (1)

Last Action

House Agriculture Finance and Policy (13:00:00 2/23/2026 ) (on 02/23/2026)

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