Minnesota 2025 2025-2026 Regular Session

Minnesota Senate Bill SF2431 Introduced / Bill

Filed 03/10/2025

                    1.1	A bill for an act​
1.2 relating to agriculture; requiring a report on agricultural land trends; appropriating​
1.3 money.​
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:​
1.5 Section 1. AGRICULTURAL LAND TRENDS.​
1.6 $....... in fiscal year 2026 is appropriated from the general fund to the commissioner of​
1.7agriculture to prepare a report on agricultural land trends. For the purposes of this section,​
1.8"agricultural land" means property classified as class 2a agricultural land or class 2b rural​
1.9vacant land under Minnesota Statutes, section 273.13, subdivision 23. The report must​
1.10include the following:​
1.11 (1) information about agricultural land sales, including the price paid by the buyer for​
1.12the land, the number of acres sold, the type of buyer, and the type of financing used by the​
1.13buyer;​
1.14 (2) information about agricultural land use, including differences among regions; and​
1.15 (3) legislative recommendations for ensuring that agricultural land is available to farmers.​
1.16No data included in this report may reveal personally identifiable information. The​
1.17commissioner may contract with external experts to develop this report and may coordinate​
1.18with the Department of Revenue, University of Minnesota Extension, and Minnesota State​
1.19Colleges and Universities. No later than January 1, 2027, the commissioner must submit​
1.20the report to the chairs and ranking minority members of the legislative committees and​
1.21divisions with jurisdiction over agriculture. Notwithstanding Minnesota Statutes, section​
1​Section 1.​
25-03035 as introduced​02/05/25 REVISOR BD/BM​
SENATE​
STATE OF MINNESOTA​
S.F. No. 2431​NINETY-FOURTH SESSION​
(SENATE AUTHORS: KUPEC and Putnam)​
OFFICIAL STATUS​D-PG​DATE​
Introduction and first reading​03/13/2025​
Referred to Agriculture, Veterans, Broadband, and Rural Development​ 2.116A.28, any unencumbered balance does not cancel at the end of fiscal year 2026 and is​
2.2available in fiscal year 2027. This is a onetime appropriation.​
2​Section 1.​
25-03035 as introduced​02/05/25 REVISOR BD/BM​