Senate Bill 323 establishes a Dairy Cattle Innovation Program in Wisconsin, which allows the Wisconsin Economic Development Corporation (WEDC) to provide no-interest loans to eligible milk producers. To qualify for these loans, applicants must operate a dairy farm with between 50 and 714 producing dairy cows, be located in Wisconsin, and meet specific criteria, including not having any regulatory enforcement actions in the past five years and employing individuals legally authorized to work in the state. The loans can be used for activities aimed at improving farm efficiencies, animal care, milk quality, and reducing environmental impacts related to manure management.

The bill outlines the eligible activities for which the loans can be utilized, such as incorporating new technologies to enhance production efficiency and building necessary infrastructure for dairy operations. WEDC is required to prioritize loan applications from those proposing to create skilled jobs, improve milk production practices, reduce environmental effects, or enhance labor efficiency. The program aims to support the dairy industry while promoting sustainable practices and economic development within the state.