Relating to loan programs for family farmers; declaring an emergency.
Summary
Creates Family Farmer Loan Program within Oregon Business Development Department ] State Department of Agriculture for purpose of making direct loans to family farmers, including beginning family farmers, to finance farming operations. Directs department to specify eligibility criteria, application process and approval process for loan program. Specifies minimum and maximum percentage rate for loans from program and specifies that loan terms may not exceed 30 years. Becomes operative January 1, 2020. Declares emergency, effective on passage.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2019
Committee Review
Floor Vote
Governor
Introduced Feb 26, 2019
Last action Jul 1, 2019
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
7
Key actions
2
Committee
4
Jul 1, 2019
Lower · Passed
In committee upon adjournment.
lower
Apr 16, 2019
Committee
Referred to Ways and Means by prior reference.
lower
Apr 16, 2019
Lower · Passed
Recommendation: Do pass with amendments, be printed A-Engrossed, and be referred to Ways and Means by prior reference.
lower
Mar 5, 2019
Committee
Referred to Agriculture and Land Use with subsequent referral to Ways and Means.
lower
Feb 26, 2019
Introduced
First reading. Referred to Speaker's desk.
lower
1 primary · 2 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Brian Clem
DDemocratic
Co
AW
Anna Williams
DDemocratic
Co
Susan McLain
DDemocratic
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