SB 471 – Directs the Missouri Agricultural and Small Business Development Authority to pay certain interest on applicable linked deposit loans

• Sponsor: Clemens
• LR Number: 1900S.01I
• Committee: Financial & Governmental Organizations and Elections
• Last Action: 2/26/2007 - Hearing Conducted S Financial & Governmental Organizations and Elections Committee
• Effective Date: August 28, 2007

Current Bill Summary

SB 471 - This act directs the Missouri Agricultural and Small Business Development Authority to pay for the first full year of charged interest on any applicable linked deposit loans, which are loans made and used solely for the acquisition of dairy cows and other replacement dairy females.

This act is similar to HB 348 (2007) and identical to SB 773 (2006).

ERIKA JAQUES