| 1 | 1 | | 1.1 A bill for an act |
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| 2 | 2 | | 1.2 relating to agriculture; requiring a report on agricultural land trends; appropriating |
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| 3 | 3 | | 1.3 money. |
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| 4 | 4 | | 1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: |
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| 5 | 5 | | 1.5 Section 1. AGRICULTURAL LAND TRENDS. |
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| 6 | 6 | | 1.6 $....... in fiscal year 2026 is appropriated from the general fund to the commissioner of |
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| 7 | 7 | | 1.7agriculture to prepare a report on agricultural land trends. For the purposes of this section, |
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| 8 | 8 | | 1.8"agricultural land" means property classified as class 2a agricultural land or class 2b rural |
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| 9 | 9 | | 1.9vacant land under Minnesota Statutes, section 273.13, subdivision 23. The report must |
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| 10 | 10 | | 1.10include the following: |
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| 11 | 11 | | 1.11 (1) information about agricultural land sales, including the price paid by the buyer for |
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| 12 | 12 | | 1.12the land, the number of acres sold, the type of buyer, and the type of financing used by the |
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| 13 | 13 | | 1.13buyer; |
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| 14 | 14 | | 1.14 (2) information about agricultural land use, including differences among regions; and |
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| 15 | 15 | | 1.15 (3) legislative recommendations for ensuring that agricultural land is available to farmers. |
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| 16 | 16 | | 1.16No data included in this report may reveal personally identifiable information. The |
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| 17 | 17 | | 1.17commissioner may contract with external experts to develop this report and may coordinate |
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| 18 | 18 | | 1.18with the Department of Revenue, University of Minnesota Extension, and Minnesota State |
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| 19 | 19 | | 1.19Colleges and Universities. No later than January 1, 2027, the commissioner must submit |
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| 20 | 20 | | 1.20the report to the chairs and ranking minority members of the legislative committees and |
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| 21 | 21 | | 1.21divisions with jurisdiction over agriculture. Notwithstanding Minnesota Statutes, section |
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| 22 | 22 | | 1Section 1. |
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| 23 | 23 | | 25-03035 as introduced02/05/25 REVISOR BD/BM |
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| 24 | 24 | | SENATE |
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| 25 | 25 | | STATE OF MINNESOTA |
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| 26 | 26 | | S.F. No. 2431NINETY-FOURTH SESSION |
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| 27 | 27 | | (SENATE AUTHORS: KUPEC and Putnam) |
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| 28 | 28 | | OFFICIAL STATUSD-PGDATE |
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| 29 | 29 | | Introduction and first reading03/13/2025 |
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| 30 | 30 | | 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 |
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| 31 | 31 | | 2.2available in fiscal year 2027. This is a onetime appropriation. |
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| 32 | 32 | | 2Section 1. |
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| 33 | 33 | | 25-03035 as introduced02/05/25 REVISOR BD/BM |
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