Rural Finance Authority bond issue and appropriation

This bill appropriates $50 million in state bond proceeds to the Rural Finance Authority to fund specific agricultural loan programs for Minnesota farmers. It directly supports beginning farmers through the "beginning farmer program" and other initiatives like loan restructuring, seller-sponsored loans, and livestock expansion. The authority must prioritize funding for beginning farmer loans first, followed by seller-sponsored and agricultural improvement loans, with all loan shares priced to cover interest, principal, and potential losses. The state will issue up to $50.05 million in bonds (including $50,000 for bond sale costs) to finance this appropriation, with repayment handled through the authority's debt service.