Minnesota SF2147 modifies the livestock investment grant program to adjust grant award percentages and expand eligible expenditures.

Minnesota SF2147 amends the livestock investment grant program by adjusting the grant award percentages for qualifying expenditures. The bill specifies that grants equal ten percent of the first $500,000 of qualifying expenditures, 50 percent of the first $20,000, and 20 percent of the next $220,000. Qualifying expenditures include the acquisition, construction, or improvement of buildings or facilities for livestock production, pasture development, and various livestock housing and management equipment.

Minnesota SF2147 modifies the livestock investment grant program to adjust grant award percentages and expand eligible expenditures.

Minnesota SF2147 amends the livestock investment grant program by adjusting the grant award percentages for qualifying expenditures. The bill specifies that grants equal ten percent of the first $500,000 of qualifying expenditures, 50 percent of the first $20,000, and 20 percent of the next $220,000. Qualifying expenditures include the acquisition, construction, or improvement of buildings or facilities for livestock production, pasture development, and various livestock housing and management equipment.