Kerry Donovan
- Democratic
Primary
The act creates the Colorado agricultural future loan program (loan program) in the department of agriculture (department) and requires the department to administer the loan program.Beginning on or before January 1, 2022, and until January 1, 2025, the department may distribute money from the Colorado agricultural future loan program cash fund (fund), which is also created in the act, to financial entities to award farm-to-market infrastructure loans to eligible applicants. The department is not permitted to engage in direct lending activities.Beginning on or before January 1, 2022, the department may award farm-to-market infrastructure grants to eligible applicants.In administering the loan program, the department, to the extent practicable, shall attempt to award:A total of at least $5 million but no more than $10 million in the form of farm-to-market infrastructure loans or farm-to-market infrastructure grants by June 30, 2022; and A total of at least $10 million but no more than $20 million in the form of low-interest loans to eligible applicants by December 31, 2022. In administering the loan program on and after January 1, 2023, to the extent practicable, the department shall prioritize the provision of loans to eligible farmers or ranchers who apply for loans from the loan program and who have owned or operated a farm or ranch for less than 10 years or represent a population that is underserved or underrepresented in Colorado agriculture.The commissioner of agriculture is required to promulgate rules to implement the loan program, and the department is required to submit an annual report to the general assembly concerning the loan program.The act requires the state treasurer to transfer $30 million from the general fund to the fund for use by the department to implement and administer the loan program. The money in the fund is continuously appropriated to the department to expend for the loan program.For the 2021-22 state fiscal year, the act appropriates $165,890 to the department of law, from reappropriated funds received by the department of agriculture in the fund, to provide legal services to the department of agriculture.(Note: This summary applies to this bill as enacted.)
Governor Signed
Sent to the Governor
Signed by the Speaker of the House
Signed by the President of the Senate
House Consideration of First Conference Committee Report result was to Adopt Committee Report - Repass
Senate Consideration of First Conference Committee Report result was to Adopt Committee Report - Repass
First Conference Committee Result was to Adopt Rerevised w/ Amendments
Senate Considered House Amendments - Result was to Not Concur - Request Conference Committee
House Third Reading Passed - No Amendments
House Third Reading Laid Over Daily - No Amendments
House Second Reading Special Order - Passed with Amendments - Committee, Floor
House Committee on Appropriations Refer Amended to House Committee of the Whole
House Committee on Agriculture, Livestock, & Water Refer Amended to Appropriations
Introduced In House - Assigned to Agriculture, Livestock, & Water
Senate Third Reading Passed - No Amendments
Senate Second Reading Passed with Amendments - Committee, Floor
Senate Committee on Appropriations Refer Amended to Senate Committee of the Whole
Senate Committee on Agriculture & Natural Resources Refer Amended to Appropriations
Introduced In Senate - Assigned to Agriculture & Natural Resources
| Bill Text Versions | Format |
|---|---|
| Signed Act (06/29/2021) | |
| Final Act (06/15/2021) | |
| Rerevised (06/03/2021) | |
| Revised (06/01/2021) | |
| Reengrossed (05/19/2021) | |
| Engrossed (05/18/2021) | |
| Introduced (04/21/2021) | |
| PA3 (06/01/2021) | |
| PA4 (06/01/2021) | |
| PA2 (05/14/2021) | |
| PA1 (05/06/2021) | |
| Committee Amendment |
| Document | Format |
|---|---|
| Fiscal Note SA1 (05/13/2021) | |
| Fiscal Note SA2 (05/31/2021) | |
| Fiscal Note FN1 (05/04/2021) | |
| Fiscal Note FN2 (05/22/2021) | |
| Fiscal Note FN3 (09/22/2021) |
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