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Bill > HB43

TX HB43

TX HB43
Relating to the Texas Agricultural Finance Authority and certain programs administered by the authority.

summary

Introduced
03/14/2025
In Committee
05/20/2025
Crossed Over
04/23/2025
Passed
06/20/2025
Dead
Signed/Enacted/Adopted
06/20/2025

Introduced Session

89th Legislature Regular Session

Bill Summary

AN ACT relating to the Texas Agricultural Finance Authority and certain programs administered by the authority.

AI Summary

This bill modifies the Texas Agricultural Finance Authority's operations and programs, making several key changes. The bill expands the definition of "agricultural business" to include nonprofit organizations focused on maintaining agricultural land use, and modifies the board of directors' composition by reducing the number of members from nine to nine but changing how they are appointed (now with two members appointed by the agriculture commissioner and six by the governor). The bill removes age restrictions for young farmers and broadens the scope of loan and grant programs beyond just young farmers to include agricultural businesses more generally. Notably, the bill increases the maximum loan amount from $500,000 to $1 million and the maximum grant amount from $20,000 to $500,000. Additionally, the bill introduces a new subchapter establishing a pest and disease control program, allowing the authority to provide financial assistance to state agencies like the Texas Animal Health Commission and Texas A&M AgriLife Extension Service to implement programs controlling agricultural pests, diseases, and depredating animals. The bill also allows loan and grant recipients more flexibility in using funds, such as applying for matching federal funds or combining assistance from different state or federal programs. These changes aim to provide more comprehensive support for agricultural businesses and research in Texas.

Committee Categories

Agriculture and Natural Resources

Sponsors (58)

Greg Bonnen (R)*,  Mary González (D)*,  Ryan Guillen (R)*,  Stan Kitzman (R)*,  Janie Lopez (R)*,  Kevin Sparks (R)*,  Trent Ashby (R),  Jeffrey Barry (R),  Cecil Bell (R),  Keith Bell (R),  César Blanco (D),  Brad Buckley (R),  Ben Bumgarner (R),  Briscoe Cain (R),  Liz Campos (D),  Terry Canales (D),  Philip Cortez (D),  Charles Cunningham (R),  Pat Curry (R),  Drew Darby (R),  Jay Dean (R),  Mano DeAyala (R),  Paul Dyson (R),  Caroline Fairly (R),  Erin Gámez (D),  Stan Gerdes (R),  Bobby Guerra (D),  Cody Harris (R),  Cole Hefner (R),  Adam Hinojosa (R),  Chuy Hinojosa (D),  Carrie Isaac (R),  Ann Johnson (D),  Stan Lambert (R),  Brooks Landgraf (R),  Jeff Leach (R),  A.J. Louderback (R),  Christian Manuel (D),  Don McLaughlin (R),  Will Metcalf (R),  Joe Moody (D),  Eddie Morales (D),  Penny Morales Shaw (D),  Tom Oliverson (R),  Claudia Ordaz Perez (D),  Angelia Orr (R),  Jared Patterson (R),  Mary Ann Perez (D),  Charles Perry (R),  Dade Phelan (R),  Richard Raymond (D),  Shelby Slawson (R),  David Spiller (R),  James Talarico (D),  Cody Vasut (R),  Denise Villalobos (R),  Trey Wharton (R),  Erin Zwiener (D), 

Last Action

Effective immediately (on 06/20/2025)
(1 Companion Bills)

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