Loading chat...
CO SB050
Bill
AI Summary
- Expands eligible businesses to include those earning majority revenue from developing or manufacturing technology designed to benefit Colorado farmers and ranchers, in addition to agricultural processing
- Modifies eligible farmer or rancher definition to include individuals who "will be" owners or operators in fact of a farm or ranch, allowing prospective operators to qualify
- Extends farm-to-market infrastructure loans to cover development or manufacturing of agricultural technology in addition to agricultural processing
- Eliminates the January 2, 2025 repeal date for the Colorado Agricultural Future Loan Program, making it permanent
- Takes effect 90 days after final adjournment of the general assembly, subject to referendum petition rights
Legislative Description
Eligibility For Agricultural Future Loan Program
Last Action
Governor Signed
3/22/2023
Committee Referrals
Agriculture, Water & Natural Resources2/17/2023
Agriculture and Natural Resources1/17/2023
Full Bill Text
No bill text available