The bill aims to reauthorize the farmer-lender mediation program in Minnesota by amending section 583.215 of the Minnesota Statutes. The key change in this amendment is the extension of the expiration date for specific sections related to the program from June 30, 2027, to June 30, 2032.

This reauthorization is significant as it ensures the continuation of mediation services that assist farmers and lenders in resolving disputes, thereby promoting stability in the agricultural sector. By extending the expiration date, the bill seeks to provide ongoing support to farmers facing financial difficulties and to facilitate constructive dialogue between them and their lenders.

Statutes affected:
Introduction: 583.215