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Committee hears plan for disaster recovery loan fund that would include agricultural businesses, requests $2 million
2433236 · February 27, 2025
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Summary
A committee member reported that commerce is drafting a disaster/flood recovery loan fund that would include agricultural businesses; the draft requests $2,000,000 in funding. The committee scheduled Joint Fiscal Office (JFO) testimony on related fiscal impacts.
Committee members heard a report that commerce is revising statutes to add a disaster recovery loan fund, which would include agricultural businesses, and that the commerce proposal requests $2,000,000 in funding.
Greg, a committee member, told colleagues he had circulated the proposed changes and…
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