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2019 Regular Session
Overview
At the request of:
Chief Sponsors:
Regular Sponsors:
Bill Title: Relating to loans for agricultural projects; declaring an emergency.
Catchline/Summary: Limits application fee payable by beginning farmer for loan under Beginning and Expanding Farmer Loan Program to $100.
Requires total amount of all fees paid by beginning farmer or bond purchaser to be paid by beginning farmer at loan closing. Provides that all fees combined may not exceed one percent of face value of bond or be less than $500. Permits loan fee to be financed with bond proceeds or included in purchase price agreed to in sales contract. Declares emergency, effective on passage.
Chapter Number:
Fiscal Impact: May Have Fiscal Impact, But No Statement Yet Issued
Revenue Impact: May Have Revenue Impact, But No Statement Yet Issued
Measure Analysis: Staff Measure Summary / Impact Statements
Current Location: In House Committee
Current Committee: House Committee On Agriculture and Land Use
Current Subcommittee:
Subsequent Referral(s):
Potential Conflicts of Interest/Vote Explanations: Potential Conflicts of Interest/Vote Explanation Documents
Measure History
Scheduled Events