Bills · Sep 2011 Special Session
changes to agricultural production loan guarantees administered by the Wisconsin Housing and Economic Development Authority.
- Introduced, stopped here
- Passes Assembly, not reached
- Passes Senate, not reached
- Governor signs, not reached
- Law, not reached
Unfamiliar terms? Glossary
What this bill does
Plain-language analysis by the nonpartisan Legislative Reference Bureau
Under current law, the Wisconsin Housing and Economic Development
Authority (WHEDA) administers loan guarantees for agricultural production loans
that meet certain conditions (agricultural production loan guarantees). Annually,
WHEDA establishes the maximum loan principal amount for which a borrower may
receive agricultural production loan guarantees. Currently, WHEDA may set that
maximum amount at not less than $30,000 nor more than $100,000. This bill
changes that range to not less than $2,000 nor more than $150,000.
Also under current law, the term of a loan eligible for an agricultural production
loan guarantee may not extend past March 31 of the calendar year following the year
in which the loan was made, subject to an extension until June 30 of the calendar
year following the year in which the loan was made. The bill deletes those specific
date limitations and provides that the term of a loan eligible for an agricultural
production loan guarantee may not extend beyond 12 months after the date the loan
is made.
Sponsors
Votes
Assembly: Report passage recommended by committee on Agriculture, Ayes 13, Noes 0
Passed 13–0 Nov 1, 2011 official source full pageNo individual roll call was recorded for this vote. Committee votes and some older sessions record totals only.
Full history
- Oct 18, 2011 · Assembly
Introduced by committee on Assembly Organization, by request of Governor Scott Walker, Representative Nerison and Senator Schultz
- Oct 18, 2011 · Assembly
Read first time and referred to committee on Agriculture
- Oct 18, 2011 · Assembly
Representative Nerison added as a coauthor
- Oct 18, 2011 · Assembly
Senator Schultz added as a cosponsor
- Oct 25, 2011 · Assembly
Public hearing held
- Oct 25, 2011 · Assembly
Representative Vruwink added as a coauthor
- Oct 25, 2011 · Assembly
Executive action taken
- Nov 1, 2011 · Assembly
Report passage recommended by committee on Agriculture, Ayes 13, Noes 0
- Nov 1, 2011 · Assembly
Referred to Calendar 11-3-2011 pursuant to Assembly Rule 93
- Nov 3, 2011 · Assembly
Laid on the table
- Dec 13, 2011 · Assembly
Failed to pass pursuant to Senate Joint Resolution 1