HB 984: RELATING TO AGRICULTURAL LOANS.

Session Year: 2025-2026
House: House

Current Status:

Passed

(2025-05-19: Act 069, on 05/19/2025 (Gov. Msg. No. 1169).)

Introduced

First Committee Review

First Chamber

Second Committee Review

Second Chamber

Final Decking

Enacted

Version:

Updates the agricultural loan program by lowering interest rates, increasing and standardizing loan limits, and reducing the number of credit denials. 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.

Discussed in Hearing