Excess money in the grain indemnity account requirement to be transferred to the agricultural emergency account

SF 2315 requires Minnesota's Department of Agriculture to transfer excess funds from the grain indemnity account to the agricultural emergency account. Specifically, if the account balance exceeds $15 million on June 30 and no claims were paid in the previous 24 months, the commissioner must transfer the surplus. This applies to Minnesota's grain indemnity program, which collects premiums from agricultural producers. The transferred funds would then be available for agricultural emergency response efforts.