Farmer-lender mediation program reauthorization

SF 3502 reauthorizes Minnesota's farmer-lender mediation program, extending its expiration date from June 30, 2027, to June 30, 2032. The program provides a voluntary, low-cost process for farmers and lenders to resolve disputes over agricultural loans without going to court. By amending Minnesota Statutes section 583.215, the bill ensures the program remains operational for five more years, directly affecting farmers and lenders facing loan disagreements. This change maintains the existing mediation structure without altering its core provisions or funding mechanisms.