1. The general assembly finds the following:
a. That many horticultural operations throughout the state are experiencing economic stagnation or decline.
b. That high interest rates have caused potentially viable operations to cease or not expand in the area of horticultural or nontraditional crop production, processing, or marketing.
2. The linked investments for tomorrow program provided for in this division is intended to provide statewide availability of lower cost funds for lending purposes that will stimulate existing or encourage new businesses in the area of producing, processing, or marketing horticultural or nontraditional crops.
3. It is the public policy of the state through the linked investments for tomorrow program to create an availability of lower cost funds to inject needed capital into the business of producing, processing, or marketing horticultural crops or nontraditional crops.
86 Acts, ch 1096, § 3; 89 Acts, ch 234, § 3
Iowa General Assembly
Search: Iowa Code 1995
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