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House panel advances $30 million completion-grant line for value‑added egg facility in Grand Forks
Summary
The House Appropriations Committee voted to advance House Bill 13-32, establishing a $30 million line of credit to fund completion grants for a large value‑added egg production facility; the bill was amended to deliver incentives in two stages tied to certificate of occupancy and operating capacity.
The House Appropriations Committee advanced House Bill 13-32 on a unanimous vote after adopting an amendment that would deliver incentive payments as completion grants tied to project milestones.
Representative Jared Haggart, District 20, told the committee the bill "focuses on large value added egg facility, incentive fundings" and would create a program and funding mechanism for grant awards to large egg value‑added facilities.
The panel debated an amendment (05002 on 1332) that sets up a $30 million line of credit at the Bank of North Dakota and structures payments as completion grants. Kelvin Hull, chief business development officer at the Bank…
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