GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 1997

H	1 

HOUSE BILL 639

Short Title:  Agricultural Loan Funds.	(Public)

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Sponsors: Representatives Watson; Buchanan, Culp, Davis, Earle, Fox, Gardner, Hall, Hardy, Hill, McCombs, Morris, Owens, Preston, Saunders, Sherrill, Tolson, Wainwright, Wilkins, G. Wilson, and Yongue.

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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.