Updates the Agricultural Loan Program by lowering interest rates, increasing and standardizing loan limits, and reducing the number of credit denials. Includes food hubs as an eligible entity for Class E loans. Authorizes the Agricultural Loan 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. Effective 7/1/2050. (SD1)

Statutes affected:
HB984: 155-1, 155-3, 155-8, 155-9
HB984 HD1: 155-1, 155-3, 155-8, 155-9
HB984 HD2: 155-1, 155-3, 155-8, 155-9
HB984 SD1: 155-1, 155-3, 155-8, 155-9
Latest: 155-1, 155-3, 155-8, 155-9