HB 417 KY
AN ACT relating to the Farmland Preservation Loan Program.
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Summary
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 (4)
- D. Osborne Republican · primary
- M. Dossett Republican · primary
- R. Bivens Republican · primary
- D. Gordon Republican · primary
Action history (3)
- Jan 15, 2026 introduced in House · lower
- Jan 15, 2026 to Committee on Committees (H) · lower
- Jan 23, 2026 to Agriculture (H) · lower
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