Use of the grain indemnity account modified.
This bill modifies Minnesota's grain indemnity account rules by adding a new requirement: funds cannot be transferred out of the account unless it holds more than $15 million. The account continues to pay valid farmer claims, premium refunds, administrative costs, legal fees, and trustee payments as before. The change specifically restricts fund transfers to prevent depletion when balances fall below $15 million. It directly affects the Minnesota Department of Agriculture, which manages the account for farmers and grain-related claims. The policy change is purely procedural, focusing on fund management without altering existing benefit eligibility or payment amounts.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2026
Committee Review
Floor Vote
Governor
Introduced Feb 19, 2026
Last action Feb 19, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
1
Key actions
0
Committee
0
Feb 19, 2026
Introduced
Introduction and first reading, referred to Agriculture Finance and Policy
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Paul Anderson
RRepublican
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