FIRST REGULAR SESSION

HOUSE BILL NO. 348

94TH GENERAL ASSEMBLY

INTRODUCED BY REPRESENTATIVES MUNZLINGER (Sponsor), FISHER, McGHEE, WALLACE, MOORE, SCHAD, HARRIS (110) AND SANDER (Co-sponsors).

                  Read 1st time January 11, 2007 and copies ordered printed.

D. ADAM CRUMBLISS, Chief Clerk

0991L.01I

AN ACT

To amend chapter 348, RSMo, by adding thereto one new section relating to the Missouri agriculture and small business development authority.

Be it enacted by the General Assembly of the state of Missouri, as follows:

            Section A. Chapter 348, RSMo, is amended by adding thereto one new section, to be known as section 348.230, to read as follows:

            348.230. The Missouri agricultural and small business development authority, subject to appropriation, shall pay for the first full year of charged interest on any applicable Missouri linked deposit program loan, as provided in sections 30.750 to 30.850, RSMo. For the purpose of this section, the term "applicable loan" shall mean any loan made and used solely for the acquisition of dairy cows and other replacement dairy females.

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