04RS SB146

SB146

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SB 146 (BR 1504) - V. McGaha, J. Pendleton

     AN ACT relating to agriculture.
     Amend various sections in KRS 41.600 to 41.610 to create the linked deposit program in the Kentucky Agricultural Finance Corporation rather than the Department of Agriculture and to make conforming changes; amend KRS 247.942 to add to the definition of agricultural loan, woodland product production as an activity that qualifies for a loan, to broaden the definitions of applicant and project, and delete the Department of Agriculture definition; amend KRS 247.944 to administratively link the Kentucky Agricultural Finance Corporation to the Office of the Governor rather than the Department of Agriculture; increase the membership of the corporation's board to 12 from 10; require the commissioner of the Department of Agriculture to serve as chairperson rather than require the board to elect a chair; allow the commissioner and the secretary of the Finance and Administration Cabinet to vote on matters before the board; remove the Lieutenant Governor from the board; add as members, an officer from a commercial lending institution and a horticultural farmer; require that the Governor shall appoint a member from the Agricultural Development Board to fill one of the positions on the Agricultural Finance Corporation board for which they would be qualified; require the executive director of the Agricultural Development Board to serve as director of the corporation, rather than allow the board of the corporation to hire a director; delete the allowance of per diem to board members; amend KRS 247.978 to declare that first time farmers as defined by the USDA, Farm Service Agency, may receive loans up to $250,000 and other loan applicants may receive loans up to $1,000,000; make conforming change.

SB 146 - AMENDMENTS


     HFA (1, J. Gray) - Delete provisions, attach provisions of SB 245/GA.

     HFA (2, J. Gray) - Delete provisions, propose amendment of the Constitution of Kentucky to create a Section 3A to provide that only a marriage between one man and one woman shall be valid or recognized as a marriage in Kentucky; submit to voters; provide ballot language.

     HFA (3/Title, J. Gray) - Make title amendment.

     Feb 4-introduced in Senate
     Feb 9-to Agriculture and Natural Resources (S)
     Feb 12-reported favorably, 1st reading, to Calendar
     Feb 13-2nd reading, to Rules
     Feb 17-posted for passage in the Regular Orders of the Day for Wednesday, February 18, 2004
     Feb 18-3rd reading, passed 34-0
     Feb 19-received in House
     Feb 20-to Agriculture and Small Business (H)
     Mar 9-posted in committee
     Mar 18-reported favorably, 1st reading, to Calendar
     Mar 19-2nd reading, to Rules; posted for passage in the Regular Orders of the Day for Monday, March 22, 2004
     Mar 22-floor amendments (1) (2) and (3-title) filed ; 3rd reading, passed 89-0; received in Senate
     Mar 23-enrolled, signed by each presiding officer; delivered to Governor
     Apr 2-signed by Governor (Acts ch. 41)


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