Introduced
by
To establish a government loan subsidy program that would provide state guarantees for loans of up to $1 million each for “beginning farmers” (less than 10 years in business), small farmers (less than $250,000 in sales), and “new ventures that will enhance value-added agricultural processing or the commercialization of agriculture technologies, processes, or products”.
Referred to the Committee on Agriculture and Bioeconomy
Reported without amendment
With the recommendation that the substitute (S-1) be adopted and that the bill then pass.
Substitute offered
To replace the previous version of the bill with one that revises details but does not change the substance of the bill as previously described.
The substitute passed by voice vote
Passed in the Senate 35 to 0 (details)
Referred to the Committee on Agriculture
