1.1 	A bill for an act
1.2 	relating to agriculture; prohibiting certain provisions in carbon storage contracts;
1.3 	amending Minnesota Statutes 2022, section 17.710.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. Minnesota Statutes 2022, section 17.710, is amended to read:
1.6 	17.710 AGRICULTURAL PRODUCTION CONTRACTS.
1.7 	(a) A production contract entered into, renewed, or amended on or after July 1, 1999, 
1.8 	between an agricultural producer and a processor of agricultural products must not contain 
1.9 	provisions that prohibit the producer from disclosing terms, conditions, and prices contained 
1.10 	in the contract. Any provision prohibiting disclosure by the producer is void.
1.11 	(b) A contract entered into, renewed, or amended on or after July 1, 2023, between an 
1.12 	agricultural producer and an entity buying, selling, certifying, or otherwise participating in 
1.13 	a market for stored carbon must not contain provisions that prohibit the producer from 
1.14 	disclosing terms, conditions, and prices contained in the contract. Any provision prohibiting 
1.15 	disclosure by the producer is void.