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MS HB1144
Bill
Status
2/3/2015
Primary Sponsor
Gregory Holloway
Click for details
AI Summary
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Amends Section 69-2-13, Mississippi Code of 1972, to increase funding from the Emerging Crops Fund to the Mississippi Small Farm and Agribusiness Center at Alcorn State University from $300,000.00 to $1,000,000.00.
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The Mississippi Development Authority shall draw these funds from the cash balance of the Emerging Crops Fund.
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The Small Farm and Agribusiness Center at Alcorn State University shall use the funds to make loans to sweet potato producers and cooperatives throughout Mississippi for planting and purchasing production and harvesting equipment.
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Requires the center to provide annual reports by January 15 to the Senate and House Agriculture Committee chairs detailing loans made under this provision.
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Takes effect July 1, 2015.
Legislative Description
Emerging Crops Fund; require MDA to increase amount provided to the MSFAC at Alcorn to $1,000,000.00.
Last Action
Died In Committee
2/3/2015