FOURTH MEETING

STATE OF MINNESOTA
HOUSE OF REPRESENTATIVE FOURTH MEETING
NINETY-THIRD SESSION



AGRICULTURE FINANCE & POLICY COMMITTEE MINUTES

Representative Samantha Vang, Chair of the Committee on Agricultural Finance and Policy Committee, called the meeting to order at 1:00 PM on January 19, 2023, in Room 120 of the State Capitol Building.

The Committee Legislative Assistant noted the roll.

Members Present:
VANG, Samantha, Chair
PURSELL, Kristi, Vice Chair
ANDERSON, Paul, Republican Lead
BURKEL, John
CHA, Ethan
FREDERICK, Luke
HARDER, Bobbie
JACOB, Steven
NELSON, Nathan
REHM, Lucy
SENCER-MURA, Samantha
TABKE, Brad

Members Excused:
HANSEN, Rick

A quorum was present.

Representative Tabke moved to adopt the January 17, 2023, minutes. THE MOTION PREVAILED.

Chair Vang moved to recess the meeting for five minutes at 1:08 pm

Agriculture Committee returned from recess at 1:14 pm.

Presentation from the Minnesota Department of Agriculture on the Rural Finance Authority.

Presenting:
• Matt McDevitt, Agriculture Finance Supervisor, Finance & Budget, Minnesota Department of Agriculture.
• Peder Kjeseth, Assistant Commissioner, Minnesota Department of Agriculture.

HF 103 (Burkel); Rural Finance Authority funding provided, bonds issued, and money appropriated.

Representative Burkel moved that HF 103 be re-referred to the Capital Investment Committee.

Representative Burkel presented HF103.

The following testified on HF 103:
• Peder Kjeseth, Assistant Commissioner, Minnesota Department of Agriculture
• Matt McDevitt, Agricultural Finance Supervisor, Minnesota Department of Agriculture
• Stu Lorney, Government Relations Director, Minnesota Farmers Union
• Daryn McBeth, Compeer Financial and Agriculture Country Farm Credit Services
• Kaytlin Bemis, Senior Government Relations Specialist, Public Policy Specialist, Minnesota Farm Bureau

Representative Burkel renewed the motion that HF 103 be re-referred to the Capital Investment Committee. THE MOTION PREVAILED.

Representative Pursell assumes the Chair.

HF 463 (Vang); Rural Finance Authority funding provided, bonds issued, and money appropriated.

Representative Vang moved that HF 463 be re-referred to the Capital Investment Committee.

Representative Vang presented HF 463.

Representative Vang renewed the motion that HF 463 be re-referred to the Capital Investment Committee. THE MOTION PREVAILED.

The meeting adjourned at 1:54 P.M.

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Representative Samantha Vang, Chair


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Matthew Sauser, Committee Legislative Assistant