Senate Bill No. 1172 proposes the creation of a special account within the agricultural fund specifically for the Agricultural Growth Research and Innovation Program. This account will collect money from various sources like gifts, grants, reimbursements, and appropriations. These funds, along with any interest earned, will be used to support the program's activities as directed by the agriculture commissioner. This initiative aims to boost agricultural innovation and research. The bill seeks to amend a particular section of Minnesota's statutes to establish this account officially.