1.1 	A bill for an act
1.2 	relating to agriculture; allowing a temporary lien for livestock production inputs 
1.3 	for 30 days following a mediation request;amending Minnesota Statutes 2008, 
1.4 	section 514.966, by adding a subdivision.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. Minnesota Statutes 2008, section 514.966, is amended by adding a 
1.7 	subdivision to read:
1.8 		Subd. 3a.Temporary livestock production input lien; debtor in mediation. (a) 
1.9 	A supplier furnishing livestock production inputs in the ordinary course of business to a 
1.10 	debtor who has filed a mediation request under chapter 583 has a livestock production 
1.11 	input lien for the unpaid retail cost of the livestock production input. A perfected livestock 
1.12 	production input lien that attaches to livestock may not exceed the amount, if any, that the 
1.13 	sales price of the livestock exceeds the greater of the fair market value of the livestock at 
1.14 	the time the lien attaches or the acquisition price of the livestock. A livestock production 
1.15 	input lien becomes effective when the agricultural production inputs are furnished by the 
1.16 	supplier to the purchaser.
1.17 	(b) A livestock production input lien under this subdivision applies to livestock 
1.18 	production inputs provided that meet the needs of the debtor's livestock during the 30 days 
1.19 	following a mediation request under chapter 583.
1.20 	(c) A person who supplies livestock production inputs under this subdivision is not 
1.21 	required to comply with subdivision 3, paragraphs (b) to (f).