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Kentucky bills · 2026 Regular Session

Kentucky HB 417

AN ACT relating to the Farmland Preservation Loan Program.

  1. Introduced
  2. In committee
  3. Passed House
  4. Passed Senate
  5. To Governor
  6. Became law

Sponsors

No sponsor recorded.

Summary

Official abstract published by the Kentucky legislature· Summary of Original Version

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.

Text versions

Roll-call votes

No recorded votes on this bill.

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