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ND SB2327
Bill
Status
4/23/2025
Primary Sponsor
Terry Wanzek
Click for details
AI Summary
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Transfers $15,000,000 from the general fund to the agriculture diversification and development fund for the 2025-2027 biennium
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Authorizes loans, interest rate buydowns, and grants to support new or expanding value-added agriculture businesses including food processing, feed/pet food facilities, commodity processing, and animal agriculture production (swine, poultry, dairy, feedlots)
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Allows the agriculture diversification and development committee to use fund money for in-state travel, per diem, and administrative costs related to grant programs
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Establishes per diem compensation of $135 per day for committee members not employed by the state when attending meetings or performing official duties
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Requires grant guidelines to prioritize businesses with majority ownership by North Dakota residents
Legislative Description
Uses of the agriculture diversification and development fund and committee; to provide an appropriation; and to provide for a transfer.
Last Action
Filed with Secretary Of State 04/23
4/24/2025