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SB23-050

Eligibility For Agricultural Future Loan Program

Concerning modifications to the Colorado agricultural future loan program, and, in connection therewith, modifying the eligibility requirements for the program and eliminating the repeal date for the loan program.
Session:
2023 Regular Session
Subject:
Agriculture
Bill Summary

The bill changes the definitions of "eligible business" and "eligible farmer or rancher" under the Colorado agricultural future loan program to specify that:

  • Eligible businesses include entities that are currently in operation and ones that will be in operation;
  • Eligible businesses and eligible uses for the loan include businesses that conduct agricultural processing or ones that develop or manufacture technology designed to benefit farmers and ranchers; and
  • Eligible farmers and ranchers include farmers and ranchers that currently own or operate or will own or operate a farm or ranch.

The bill removes the repeal of the loan program.


(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)

Status

Introduced
Passed
Became Law

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Bill Text

  • All Versions (7 )
    Date Bill Type Documents
    03/22/2023 Signed Act PDF
    03/17/2023 Final Act PDF
    03/09/2023 Rerevised PDF
    03/08/2023 Revised PDF
    02/15/2023 Reengrossed PDF
    02/14/2023 Engrossed PDF
    01/17/2023 Introduced PDF
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