HI HB984 | 2025 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 23 2025 - 25% progression
Action: 2025-02-07 - The committee on AGR recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 5 Ayes: Representative(s) Kahaloa, Kusch, Lowen, Perruso, Quinlan; Ayes with reservations: none; Noes: none; and 1 Excused: Representative(s) Ward.
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 23 2025 - 25% progression
Action: 2025-02-07 - The committee on AGR recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 5 Ayes: Representative(s) Kahaloa, Kusch, Lowen, Perruso, Quinlan; Ayes with reservations: none; Noes: none; and 1 Excused: Representative(s) Ward.
Text: Latest bill text (Introduced) [HTML]
Summary
Updates the agricultural loan program by lowering interest rates, increasing and standardizing loan limits, and reducing the number of credit denials. Authorizes the agricultural loan 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.
Title
Relating To Agricultural Loans.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2025-02-07 | House | The committee on AGR recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 5 Ayes: Representative(s) Kahaloa, Kusch, Lowen, Perruso, Quinlan; Ayes with reservations: none; Noes: none; and 1 Excused: Representative(s) Ward. |
| 2025-02-05 | House | Bill scheduled to be heard by AGR on Friday, 02-07-25 9:30AM in House conference room 325 VIA VIDEOCONFERENCE. |
| 2025-01-23 | House | Referred to AGR, FIN, referral sheet 3 |
| 2025-01-23 | House | Introduced and Pass First Reading. |
| 2025-01-21 | House | Pending introduction. |
Same As/Similar To
SB1303 (Same As) 2025-02-10 - Reported from AEN (Stand. Com. Rep. No. 159) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
Subjects
Agricultural Loan Program
Credit Denials
Department of Agriculture
Import Replacement Crop Loans ($)
Interest rates
Line of Credit
Loan Limits
Credit Denials
Department of Agriculture
Import Replacement Crop Loans ($)
Interest rates
Line of Credit
Loan Limits
