HB417Introduced in the House
AN ACT relating to the Farmland Preservation Loan Program.
Introduced by David Osborne, District 59
What does this bill do?
Plain-English breakdown
Writing a plain-English summary of this bill… this can take a few seconds the first time.
Official description
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.
Where it stands
to Agriculture (H)
January 23, 2026
How did lawmakers vote?
No recorded vote is available for this bill yet.
Bill history
introduced in House
to Committee on Committees (H)
to Agriculture (H)
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