Official record
Measure details
- Jurisdiction
- Kentucky
- Session
- 2026RS
- Chamber
- lower
- Classification
- bill
- Subjects
- Administrative Regulations And Proceedings, Agriculture, Banks And Financial Institutions, Land Use, Loans, Credit, Interest, And Usury
- Introduced / first action
- 2026-01-15 05:00:00
Source-supplied abstracts
Create a new section of KRS 247.940 to 247.978 to define "participating lender"; authorize the Kentucky Agricultural Finance Corporation to establish, administer, and fund a Farmland Preservation Loan Program and enter into a loan participation agreement with a qualified participating lender to purchase interests in promissory notes to allow a borrower to purchase or improve an agricultural property located within the Commonwealth; authorize the Kentucky Agricultural Finance Corporation to promulgate administrative regulations to administer the Farmland Preservation Loan Program.
Sponsors
- D. Osborne (primary), primary
- M. Dossett (primary), primary
- R. Bivens (primary), primary
- D. Gordon (primary), primary