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Committee passes bill extending financing term for used forestry vehicles from three to five years
Summary
Senate bill 585 was presented and passed in committee; it allows financing periods for used forestry vehicles to be extended from three to five years, according to the sponsor.
Senator K. Gary Stubblefield (Senate District 26) presented Senate Bill 585, a brief measure to extend allowable financing terms for used forestry vehicles from three to five years. Stubblefield described the bill as “simple” and said he filed it at the request of colleagues as a courtesy following a colleague’s absence.
There was no opposition recorded in committee and no substantive debate beyond sponsor remarks. The committee adopted a procedural motion and passed the bill by voice vote.
Senator Stubblefield closed by asking for the committee’s favorable vote; the clerk recorded the bill as passed in the committee proceeding. The bill will progress to the full Senate for further consideration.
