Texas House Bill HB1444

Texas 2009 - 81st Regular

• Out of House Committee: 3/27/09

Caption

Relating to the definition of an agricultural business for the purposes of the Texas Agricultural Finance Authority.

Impact

The amendments proposed in HB 1444 will enhance the ability of various businesses, especially those in rural regions, to receive financial support under agricultural programs. By incorporating businesses engaged in recreational activities and other agriculture-related enterprises, the bill broadens the scope of who can benefit from state assistance. This could lead to increased investment in rural economies and promote diversification within the agricultural sector, ultimately boosting job creation and economic activity in these areas.

Summary

House Bill 1444 addresses the definition of 'agricultural business' in relation to the Texas Agricultural Finance Authority. By expanding the definition, the bill aims to include a wider range of entities involved in agricultural activities, thus potentially increasing eligibility for financial assistance programs available through the authority. This change is expected to support both traditional agricultural operations and related businesses that operate in rural areas, thereby contributing to the economic development of these communities.

Contention

While the bill appears to garner support from rural legislators and businesses that stand to benefit from the expanded definition of agricultural businesses, there may be concerns regarding the allocation of funds and prioritization of resources. Critics could argue that too broad a definition might dilute the focus on traditional agricultural activities and lead to competition for financial assistance among diverse business types. Such contention could spark discussions about the effectiveness and intent of establishing criteria for what constitutes an agricultural business.