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MI HR0343

Resolution

Status

Passed

9/21/2016

Primary Sponsor

Dan Lauwers

Click for details

Origin

House of Representatives

98th Legislature

AI Summary

  • Commemorates the 100th anniversary of the Farm Credit System, established by President Woodrow Wilson on July 17, 1916, through the Federal Farm Loan Act
  • Recognizes Michigan agriculture's $101.2 billion annual economic contribution with 52,194 farms employing 923,000 people across the state
  • Acknowledges the Farm Credit System's role in supporting rural communities and agriculture through reliable credit, financial services, and infrastructure financing
  • Highlights GreenStone Farm Credit Services as Michigan's largest agricultural lender with nearly 24,000 members and $8 billion in assets
  • Directs transmission of the resolution to the Farm Credit System, GreenStone Farm Credit Services, U.S. Farm Credit Administration, U.S. Department of Agriculture, and Michigan Department of Agriculture and Rural Development

Legislative Description

A resolution to commemorate the 100th anniversary of the establishment of the Farm Credit System.

100th anniversary of the founding of the Farm Cred

Last Action

Adopted

9/21/2016

Full Bill Text

No bill text available