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HF 2773

as introduced - 93rd Legislature (2023 - 2024) Posted on 03/09/2023 12:50pm

KEY: stricken = removed, old language.
underscored = added, new language.
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A bill for an act
relating to agriculture; establishing a hemp fiber processing equipment grant
program; appropriating money for hemp research and hemp fiber processing
equipment grants; proposing coding for new law in Minnesota Statutes, chapter
18K.

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

Section 1.

new text begin [18K.10] HEMP FIBER PROCESSING EQUIPMENT GRANTS.
new text end

new text begin The commissioner must award grants to licensed processors who increase the state's
capacity to process industrial hemp fiber. Grants are limited to no more than $200,000 of
processing equipment and reasonable equipment installation costs per processing location.
A licensed processor must match the grant with other funding equal to at least 25 percent
of the grant amount.
new text end

Sec. 2. new text begin APPROPRIATIONS.
new text end

new text begin (a) $600,000 in fiscal year 2024 and $600,000 in fiscal year 2025 are appropriated from
the general fund to the commissioner of agriculture to award and administer grants under
Minnesota Statutes, section 18K.10. Notwithstanding Minnesota Statutes, section 16A.28,
any unencumbered balance does not cancel at the end of fiscal year 2024 and is available
for fiscal year 2025.
new text end

new text begin (b) $500,000 in fiscal year 2024 is appropriated from the general fund to the commissioner
of agriculture for industrial hemp research through the agriculture research, education,
extension, and technology transfer grant program under Minnesota Statutes, section 41A.14.
new text end