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HF 475

as introduced - 93rd Legislature (2023 - 2024) Posted on 01/17/2023 11:37am

KEY: stricken = removed, old language.
underscored = added, new language.
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Bill Text Versions

Engrossments
Introduction Posted on 01/17/2023

Current Version - as introduced

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A bill for an act
 relating to agriculture; requiring additional information from bioincentive payment
recipients; amending Minnesota Statutes 2022, section 41A.19.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

Minnesota Statutes 2022, section 41A.19, is amended to read:


41A.19 REPORT; INCENTIVE PROGRAMS.

By January 15 each year, the commissioner shall report on the incentive programs under
sections 41A.16, 41A.17, 41A.18, 41A.20, and 41A.21 to the legislative committees with
jurisdiction over environment new text begin policy and finance new text end and agriculture policy and finance. The
report shall include information on production and incentive expenditures under the
programsdeleted text begin .deleted text end new text begin , as well as the following information that the commissioner must require of each
producer who receives a payment during the reporting period:
new text end

new text begin (1) the producer's business structure;
 new text end

new text begin (2) the name and address of the producer's parent company, if any;
 new text end

new text begin (3) a cumulative list of all financial assistance received from all grantors for the project;
 new text end

new text begin (4) goals for the number of jobs created and progress in achieving these goals, which
may include separate goals for the number of part-time or full-time jobs, or, in cases where
job loss is specific and demonstrable, goals for the number of jobs retained;
 new text end

new text begin (5) equity hiring goals and progress in achieving these goals;
 new text end

new text begin (6) wage goals and progress in achieving these goals for all jobs created or maintained
by the producer;
 new text end

new text begin (7) board member and executive compensation;
 new text end

new text begin (8) evidence of compliance with environmental permits;
 new text end

new text begin (9) the producer's intended and actual use of payments received from the commissioner;
and
 new text end

new text begin (10) if applicable, the latest financial audit opinion statement produced by a certified
public accountant in accordance with standards established by the American Institute of
Certified Public Accountants.
 new text end