SF 4016 Minnesota Senate · 2025-2026 Regular Session

Grain indemnity account usage modification

This bill modifies Minnesota's grain indemnity account rules to prevent funds from being moved out of the account unless it holds over $15 million. It directly affects the state agency managing grain indemnity payments by requiring a minimum balance before any transfers can occur. The bill clarifies existing uses of the account, including paying valid claims, premium refunds, and administrative costs like processing fees and record keeping. It does not create new programs but sets a specific threshold to ensure sufficient funds remain in the account for ongoing operations.
Bill status in committee 1 of 4 stages cleared
Introduction
Mar 2026
Committee Review
Floor Vote
Governor
Introduced Mar 2, 2026 Last action Mar 2, 2026
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Total actions
2
Key actions
0
Committee
1
Mar 2, 2026
Committee
Referred to Agriculture, Veterans, Broadband, and Rural Development
upper
Mar 2, 2026
Introduced
Introduction and first reading
upper
1 primary · 1 co-sponsor

Sponsors