Dairy Business Innovation Act of 2023

S 2267, the Dairy Business Innovation Act of 2023, increases federal funding for dairy business innovation initiatives from $20 million to $36 million annually. This bill directly affects dairy businesses and cooperatives eligible to apply for grants under the existing program established by the 2018 Agriculture Improvement Act. The key provision simply raises the annual funding cap for these grants, providing more resources for projects aimed at improving dairy operations, such as processing, marketing, or sustainability efforts. The change is procedural, with no new requirements or eligibility shifts beyond the increased funding amount.