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Minnesota Legislature

Office of the Revisor of Statutes

SF 2225

2nd Engrossment - 91st Legislature (2019 - 2020) Posted on 04/17/2019 12:29pm

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

Current Version - 2nd Engrossment

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A bill for an act
relating to agriculture; expanding a disaster recovery loan program; providing a
retroactive effective date; amending Minnesota Statutes 2018, section 41B.047,
subdivisions 1, 3.

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

Section 1.

Minnesota Statutes 2018, section 41B.047, subdivision 1, is amended to read:


Subdivision 1.

Establishment.

The authority shall establish and implement a disaster
recovery loan program to help farmers:

(1) clean up, repair, or replace farm structures and septic and water systems, as well as
replace seed, other crop inputs, feed, and livestock, when damaged by high winds, hail,
tornado, or floodnew text begin, or the weight of snow, sleet, or icenew text end;

(2) purchase watering systems, irrigation systems, and other drought mitigation systems
and practices when drought is the cause of the purchase;

(3) restore farmland; or

(4) replace flocks, make building improvements, or cover the loss of revenue when the
replacement, improvements, or loss of revenue is due to the confirmed presence of the
highly pathogenic avian influenza in a commercial poultry or game flock located in
Minnesota.

Sec. 2.

Minnesota Statutes 2018, section 41B.047, subdivision 3, is amended to read:


Subd. 3.

Eligibility.

To be eligible for this program, a borrower must:

(1) meet the requirements of section 41B.03, subdivision 1;

(2) certify that the damage or loss was (i) sustained within a county that was the subject
of a state or federal disaster declaration deleted text beginordeleted text endnew text begin;new text end (ii) due to the confirmed presence of the highly
pathogenic avian influenza in a commercial poultry or game flock located in Minnesota;new text begin or
(iii) due to an emergency as determined by the authority;
new text end

(3) demonstrate an ability to repay the loan; and

(4) have received at least 50 percent of average annual gross income from farming for
the past three years.

Sec. 3. new text beginEFFECTIVE DATE.
new text end

new text begin This act is effective retroactively from January 1, 2019.
new text end