SF1753 (Legislative Session 94 (2025-2026))
Agriculture best management practices loan program transferal
Related bill: HF1920
AI Generated Summary
This Minnesota Senate bill (S.F. No. 1753) proposes the transfer of funds to support the Agriculture Best Management Practices Loan Program. Specifically, it allocates $1,425,000 from the general fund to the agricultural and environmental revolving loan account in the special revenue fund for fiscal years 2026 and 2027. These funds will be used to provide low-interest or no-interest loans under the program, which is established by Minnesota Statutes, section 17.117. Additionally, the bill sets this funding level as the base appropriation for fiscal year 2028 and beyond, ensuring continued financial support for the program.
Bill text versions
- Introduction PDF file
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| February 23, 2025 | Senate | Floor | Action | Introduction and first reading | |
| February 23, 2025 | Senate | Floor | Action | Referred to | Agriculture, Veterans, Broadband, and Rural Development |
Citations
[
{
"analysis": {
"added": [
"New funds allocated for fiscal years 2026 and 2027."
],
"removed": [],
"summary": "Funds are transferred for the Agriculture Best Management Practices Loan Program under section 17.117.",
"modified": [
"Base funding for the program set for 2028 and subsequent years."
]
},
"citation": "17.117"
}
]