News and Information
Senate Moves to Invest Funds in Michigan Agriculture Industry
The Michigan Senate recently approved legislation that will help make $5 million available for value-added agriculture grants.
When the 21st Century Jobs package was approved in 2005, it included $10 million for value-added agriculture. Legislation was passed in 2006 for the first $5 million to be allocated, but the remaining money has yet to be spent. Senate Bill 134 would authorize spending the next $5 million.
Senate Republicans want the remaining money to be used for its intended purpose of testing and creating markets for agricultural products. This could help develop more jobs for state residents in the future.
A study by Michigan State Universitys Product Center found that the agriculture industry in Michigan grew by 12 percent in 2007. Agriculture had an economic impact of $63.7 billion in 2006 and increased to $71.3 billion in 2007.
According to the Michigan Department of Agriculture, the agri-food industry in Michigan employs one million residents, nearly 25 percent of people working in the state.
The bill has been sent to the House for consideration.