Updates the Agricultural Loan Program by lowering and fixing 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 or crops grown for the farm to state program. (CD1)
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
HB984 CD1: 155-1, 155-3, 155-8, 155-9
Latest: 155-1, 155-3, 155-8, 155-9