House Journal: Page 1699: Monday, April 26, 1999

31     (1)  For a farm operation in which cattle or swine

32   are provided care and feeding, the borrower must not
33   have sold more than five thousand swine or more than
34   one thousand cattle.
35     (2)  For a farm operation in which cattle or swine
36   are not provided care and feeding, the borrower must
37   not have sold a number of livestock as provided by
38   rules adopted pursuant to section 12.34."
39     10.  Page 3, by striking lines 21 through 24 and
40   inserting the following:
41     "     .  In order to qualify for a loan under the
42   value-added processing linked investment loan program,
43   the borrower must be a business engaged in processing
44   according to eligibility requirements established by
45   rules adopted pursuant to section 12.34.
46     ___.  The treasurer of state may participate in a
47   loan for any amount pursuant to an investment
48   agreement.  However, the limits of the treasurer of
49   state's participation in a loan shall be as follows:
50     a.  For the traditional livestock producers linked
Page 3
 1   investment loan program, the investment agreement
 2   shall not apply to that part of the loan in excess of
 3   one hundred thousand dollars.
 4     b.  For the value-added processing linked
 5   investment loan program, the investment agreement
 6   shall not apply to that part of the loan in excess of
 7   five hundred thousand dollars."
 8     11.  Title page, line 1, by striking the words
 9   "assistance to livestock producers under a linked" and
10   inserting the following:  "for value-added
11   agricultural linked investment loan programs,".
12     12.  Title page, line 2, by striking the words
13   "investment loan program,".
14     13.  By renumbering as necessary.
Frevert of Palo Alto offered the following amendment H?1835, to 
amendment H?1826, filed by her from the floor and moved its 
adoption:
H-1835
 1     Amend the amendment, H-1826, to House File 779 as
 2   follows:
 3     1.  Page 1, by inserting after line 48 the
 4   following:
 5     "     .  Page 2, by striking line 6 and inserting
 6   the following:
 7     "     .  "Livestock" means swine or cattle."

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