Finstad Introduces GRAIN DRY Act to Expand Access to USDA Loans for Propane Storage

Published On: March 7th, 20230.5 min readCategories: Covid-19, Featured, Latest Headlines, Local News, News

Congressman Brad Finstad (MN-01) and Congressman Jim Costa (CA-21) introduced the Growing Rural Ag Infrastructure Needs to Deliver Rising Yields (GRAIN DRY) Act, which would expand the Farm Storage Facility Loan Program (FSFL) through the U.S. Department of Agriculture (USDA) to include storage of propane for agricultural purposes.

Currently, propane storage is not considered an eligible facility under the FSFL program. The GRAIN DRY Act would expand the loan program to include propane storage, a critical tool for drying grain and heating barns, allowing agricultural producers access to the same financing for propane storage that is available for other on-farm storage facilities.

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