SF3584

Purpose

• The bill provides funding to support the farmerlender mediation program by creating a new staff position within University of Minnesota Extension.

Main Provisions

• Funds: $150,000 in fiscal year 2027.
• Source: General fund.
• Recipient: Board of Regents of the University of Minnesota.
• Position created: A new University of Minnesota Extension full-time equivalent (FTE) staff position.
• Purpose of the position: To support farmerlender mediation under Minnesota Statutes chapter 583.

Significant Changes to Existing Law

• Adds targeted funding to the University of Minnesota Extension to support the farmerlender mediation program (Minnesota Statutes chapter 583).
• No other statutory changes are specified in the bill text; the change is primarily an appropriation to establish the new FTE staff position.

Context and Implications

• This bill shifts general fund resources to the University of Minnesota to strengthen the farmerlender mediation program, potentially improving dispute resolution between farmers and lenders as authorized by chapter 583.

Relevant Terms - appropriation - general fund - Board of Regents of the University of Minnesota - University of Minnesota Extension - full-time equivalent (FTE) staff position - farmerlender mediation - Minnesota Statutes chapter 583 - fiscal year 2027 - $150,000