HawaiiSB 13032025–2026 Regular Session (Year 2)SenateWALLET

RELATING TO AGRICULTURAL LOANS.

Sponsored By: Ronald D. Kouchi (Democratic)

Failed

Summary

Updates the Agricultural Loan Program by lowering interest rates, increasing and standardizing loan limits, and reducing the number of credit denials. Authorizes the Program to issue lines of credit. Creates a new class of loans to encourage large scale agriculture of import replacement crops grown for the Farm to State Program. Appropriates funds into and out of the Agricultural Loan Revolving Fund. (SD1)

Department of AgricultureAgricultural Loan ProgramLoan LimitsInterest RatesCredit DenialsLine of CreditImport Replacement Crop LoansAgricultural Loan Revolving FundAppropriationAEN, WAM

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Ronald D. Kouchi

    Democratic • Senate

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 4 • No: 0

Senate vote • 2/3/2025

The committee(s) on AEN recommend(s) that the measure be PASSED, WITH AMENDMENT...

Yes: 4 • No: 0

Bill Text

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