Updates the Agricultural Loan Program by lowering interest rates, increasing and standardizing loan limits, and reducing the number of credit denials. Authorizes the Program to issue lines of credit. Creates a new class of loans to encourage large scale agriculture of import replacement crops grown for the Farm to State Program. Appropriates funds into and out of the Agricultural Loan Revolving Fund. (SD1)
- Chamber
- Senate
- Introduced
- Jan 21, 2025
- Last action
- Jan 21, 2025 — Pending Introduction.
- Session
- 2026
- Momentum
- 54 · Moderate