ND HB1332

Creates a value-added agriculture production facility incentive program with grant funding capped at $30 million, administered through the agriculture diversification and development fund

Eligible facilities must be new construction in North Dakota with at least $350 million in capital investment, a competing offer from another midwestern state, and estimated economic contribution of at least $20 million when fully operational

Grants reimburse infrastructure and capital expenditures including natural gas, electricity, roads, water/wastewater lines, and rail lines, with 50% distributed upon certificate of occupancy and 50% upon reaching 50% production capacity

Bank of North Dakota may extend a line of credit up to $30 million to the agriculture commissioner to support grants, with any borrowed funds requiring a deficiency appropriation request for repayment

Declared an emergency measure, effective through June 30, 2029; passed House 76-17 and Senate 42-5