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MN HF1098
Bill
Status
2/19/2015
Primary Sponsor
Mike Sundin
Click for details
AI Summary
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Increases state participation limit for beginning farmer real estate loans from $300,000 to $400,000 under Minnesota Statutes section 41B.039, subdivision 2.
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Increases state participation limit for restructured loans from $400,000 to $525,000 under Minnesota Statutes section 41B.04, subdivision 8.
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Increases state participation limit for seller-sponsored loans from $300,000 to $400,000 under Minnesota Statutes section 41B.042, subdivision 4.
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Increases state participation limit for agricultural improvement loans from $300,000 to $400,000 under Minnesota Statutes section 41B.043, subdivision 1b.
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Increases state participation limit for livestock expansion loans from $400,000 to $525,000 under Minnesota Statutes section 41B.045, subdivision 2.
Legislative Description
Rural Finance Authority loan state participation limit increased.
Last Action
Introduction and first reading, referred to Agriculture Policy
2/19/2015