SF2226 Summary

• Agriculture Budget: Appropriates $54.7 million (FY2020) and $49.6 million (FY2021) to the Department of Agriculture for protection services, marketing, research, and financial assistance programs including dairy development and agricultural growth initiatives.

• Housing Finance: Allocates $52.8 million annually to the Minnesota Housing Finance Agency for programs including workforce housing development, affordable rental investments, family homeless prevention, and housing rehabilitation.

• Dairy Support: Establishes a dairy producer margin coverage premium assistance program to reimburse eligible dairy farmers up to six cents per hundredweight of milk enrolled in federal dairy margin coverage, and creates a dairy modernization and innovation loan program.

• Manufactured Home Protections: Expands protections for manufactured home park residents during park closures, increases relocation assistance limits to $7,000-$12,500, and raises compensation for demolished homes to $3,000 maximum.

• Broadband Investment: Appropriates $30.25 million to the border-to-border broadband fund for rural broadband development and $250,000 annually for the Broadband Development Office.