North DakotaNorth Dakota sets aside $15 million for agriculture businesses
The agriculture committee also decides grant awards and must give priority to businesses mostly owned by North Dakota residents.
What it does
The state transfers $15 million to an agriculture business fund for the two-year period beginning July 1, 2025.
The agriculture committee reviews grant applications and decides which receive money. Its guidelines must prioritize businesses mostly owned by North Dakota residents.
The fund may support new or expanding agriculture businesses with loans, lower interest costs, or grants, including grants for needed infrastructure.
Argument forThe fund could help eligible agriculture businesses expand or improve needed infrastructure, supporting jobs and farmers' and ranchers' profits.
Argument againstBusinesses without majority North Dakota ownership may receive lower priority for grants, which could make it harder for them to get funding.
More detail
The state transfers $15 million from the general fund to the agriculture diversification and development fund. The money goes to the state fund for agriculture diversification and development. The appropriation covers the period from July 1, 2025, through June 30, 2027.
The agriculture committee reviews grant applications, decides which receive funding, and sets grant guidelines. The guidelines cover grants for new or expanding value-added agriculture businesses. The guidelines must give priority to businesses majority-owned by North Dakota residents.
The fund may provide loans, lower interest costs, and grants to eligible agriculture businesses. Covered businesses include food, feed, and commodity processors, agriculture product makers, and animal agriculture operations. Businesses must show they are financially feasible, improve profits for farmers and ranchers, create jobs, and grow the state economy. Grants may also pay for infrastructure needed to develop or expand value-added agriculture businesses.
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Where it stands
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2025
- Apr 24Filed with Secretary Of State 04/23Latest
- Apr 23Signed by Governor Kelly Armstrong 04/22Became Law
- Apr 21Sent to GovernorTo Governor
- Apr 21Signed by President
- Apr 21Signed by Speaker
- Apr 18Second reading, passed, yeas 42 nays 4Major
- Vote recorded Motion for Final Passage on SB 2327. Result: pass.Upper
- Apr 18Concurred
- Apr 16Returned to Senate (12)
- Vote recorded Motion for Final Passage on SB 2327. Result: pass.Lower
- Apr 16Second reading, passed as amended, yeas 74 nays 17Passed House
- Apr 16Amendment adopted, placed on calendar
- Apr 15Reported back amended, do pass, amendment placed on calendar 22 0 1Minor
- Mar 18Rereferred to Appropriations
- Mar 18Amendment adopted
- Mar 17Reported back amended, do pass, amendment placed on calendar 10 3 1Minor
- Mar 13Committee Hearing 05:00
- Mar 7Introduced, first reading, referred Agriculture CommitteeMinor
- Feb 24Received from Senate
- Feb 21Second reading, passed, yeas 45 nays 1Passed Senate
- Vote recorded Motion for Final Passage on SB 2327. Result: pass.Upper
- Feb 21Amendment adopted, placed on calendar
- Feb 20Reported back amended, do pass, amendment placed on calendar 15 1 0Minor
- Feb 10Committee Hearing 02:00
- Feb 6Committee Hearing 11:15
- Feb 3Rereferred to Appropriations
- Feb 3Reported back, do pass, place on calendar 5 0 1Minor
- Jan 31Committee Hearing 10:30
- Jan 20Introduced, first reading, referred Agriculture and Veterans Affairs CommitteeIntroduced
AgricultureTaxes & BudgetEconomy & Jobs