GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 1997

S	1 

SENATE BILL 549

Short Title:  Agricultural Loan Funds/AB.	(Public)

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Sponsors: Senators Albertson; Cooper, Dannelly, Hoyle, Kerr, Martin of Pitt, Miller, Rand, Reeves, Shaw of Cumberland, Warren, Weinstein, and Wellons.

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Referred to:  Appropriations.

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March 27, 1997

A BILL TO BE ENTITLED
AN ACT TO APPROPRIATE FUNDS TO THE NORTH CAROLINA AGRICULTURAL FINANCE AUTHORITY FOR THE RESERVE FOR FARM LOANS.
The General Assembly of North Carolina enacts:
Section 1.  There is appropriated from the General Fund to the North Carolina Agricultural Finance Authority the sum of three million dollars ($3,000,000) for the 1997-98 fiscal year for the Reserve for Farm Loans to be used to provide agricultural loans, as defined in G.S. 122D-3, pursuant to Chapter 122D of the General Statutes.
Section 2.  This act becomes effective July 1, 1997.