Bill
Bill > A2309
NJ A2309
NJ A2309Requires NJEDA to establish "Value-added Agriculture Loan Program" to assist farmers in developing value-added products.
summary
Introduced
02/07/2022
02/07/2022
In Committee
02/07/2022
02/07/2022
Crossed Over
Passed
Dead
01/08/2024
01/08/2024
Introduced Session
2022-2023 Regular Session
Bill Summary
Requires NJEDA to establish "Value-added Agriculture Loan Program" to assist farmers in developing value-added products.
AI Summary
This bill requires the New Jersey Economic Development Authority (NJEDA), in consultation with the Department of Agriculture, to establish a "Value-added Agriculture Loan Program" to assist farmers in developing value-added agricultural products. The program will provide loans between $5,000 and $10,000 to farmers, cooperatives, and farmer-owned corporations or partnerships to support activities related to processing or marketing value-added products. The goal is to generate new products, create and expand marketing opportunities, and increase producer income. The bill outlines the eligibility requirements for farmers to receive these loans and gives the NJEDA the authority to adopt rules and regulations to effectively implement the program.
Committee Categories
Agriculture and Natural Resources
Sponsors (4)
Last Action
Introduced, Referred to Assembly Agriculture and Food Security Committee (on 02/07/2022)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2022/A2309 |
| BillText | https://pub.njleg.gov/Bills/2022/A2500/2309_I1.HTM |
| Bill | https://pub.njleg.gov/Bills/2022/A2500/2309_I1.PDF |
| BillText | https://www.njleg.state.nj.us/Bills/2022/A2500/2309_I1.HTM |
| Bill | https://www.njleg.state.nj.us/Bills/2022/A2500/2309_I1.PDF |
Loading...