summary
Introduced
02/19/2026
02/19/2026
In Committee
02/19/2026
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)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.revisor.mn.gov/bills/94/2026/0/HF/3549/ |
| BillText | https://www.revisor.mn.gov/bills/94/2026/0/HF/3549/versions/0/pdf/ |
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