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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 act expands the scope of the Colorado agricultural future loan program by amending the following definitions as follows:

  • Includes in the definition of "eligible business" entities that will be in operation in the near future;
  • Includes in the definition of "eligible farmer or rancher" farmers and ranchers that will own or operate a farm or ranch; and
  • Includes in the definition of "farm-to-market infrastructure loan" the development or manufacturing of technology designed to benefit farmers and ranchers.

The act also removes the repeal of the loan program.

APPROVED by Governor March 22, 2023

EFFECTIVE August 7, 2023

NOTE: This act was passed without a safety clause and takes effect 90 days after sine die.
(Note: This summary applies to this bill as enacted.)

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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