AN ACT relating to agriculture.

Summary

The bill gives the Kentucky Commissioner of Agriculture the power to collect, adjust, or cancel claims on agricultural loans and to buy, operate, lease, or sell property that has been foreclosed on for those loans. It also lets the commissioner pass these powers to the U.S. Secretary of Agriculture for assets transferred under existing law. The change is meant to help the state recover loan losses and protect agricultural assets.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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