HB 541 (BR 1591) - R. Thomas, T. McKee, M. Denham, R. Meeks, T. Riner
AN ACT relating to agriculture.
Amend KRS 41.600, 41.606, and 41.610 to make the Kentucky Agricultural Finance Corporation, rather than the Department of Agriculture, the entity to administer the linked deposit program; amend KRS 247.942 to change the definition of "applicant" and "first-time farmer", and to delete the definition of "department"; amend KRS 247.944 to remove the Kentucky Agricultural Finance Corporation from the Department of Agriculture and place it in the Finance and Administration Cabinet for administrative purposes, and to change the makeup of the Kentucky Agricultural Finance Corporation board; amend KRS 247.978 to increase the amount of principal an applicant can owe the corporation from $50,000 to $1,000,000; create noncodified language making the Commissioner of the Department of Agriculture the chair of the board for the first year; make technical corrections.
HB 541 - AMENDMENTS
HFA (1, R. Thomas) - Prohibit a designee of a board member from serving as chair or vice-chair of the board.
HFA (2, R. Thomas) - Clarify that agricultural loans may be made for woodland products; prohibit a designee of a board member from serving as chair or vice-chair of the board.
Feb 18-introduced in House
Feb 19-to Agriculture and Small Business (H); posted in committee; posting waived
Feb 20-reported favorably, 1st reading, to Calendar
Feb 21-2nd reading, to Rules
Feb 24-floor amendment (1) filed
Feb 25-floor amendment (2) filed ; posted for passage in the Regular Orders of the Day for Wednesday, February 26, 2003
Feb 26-3rd reading, passed 95-0 with floor amendment (2)
Feb 27-received in Senate
Feb 28-to Agriculture and Natural Resources (S)
Mar 4-reported favorably, 1st reading, to Calendar
Mar 5-2nd reading, to Rules
Mar 11-posted for passage in the Regular Orders of the Day for Tuesday, March 11, 2003; passed over and retained in the Orders of the Day
Mar 24-passed over and retained in the Orders of the Day