MS HB1148

Establishes a separate loan program within the Emerging Crops Fund specifically for agribusinesses engaged in poultry production operations to finance upgrades, renovations, repairs, and improvements to equipment, facilities, and operations.

Increases the maximum loan amount for poultry production agribusinesses from $200,000 to a total cost not exceeding $200,000 of the ending cash balance, with individual loans capped at 30% of total project cost.

Extends loan program eligibility to other agribusiness enterprises beyond poultry producers for equipment, facility, and operational improvements under the same terms.

Maintains zero-interest loan structure with repayments deposited back into the Emerging Crops Fund.

Effective July 1, 2011, with provisions differentiating between the period through June 30, 2013 and after July 1, 2013.