A midyear budget that would add $20 million for loans to farmers and $2 million for hospitals affected by Hurricane Michael has received final approval from the Georgia legislature.
The Atlanta Journal-Constitution reports that the budget covering through June 30, approved Friday, will now go to Republican Gov. Brian Kemp’s desk.
The state had earlier allocated $55 million in loans for farmers affected by the October storm, but that money was all distributed.
The new funding should allow for about 70 more loans at an average of $290,000 each, the newspaper reports.
Other additional funding will go to paying for K-12 education and the state’s Medicaid program.
The budget also includes $69 million in one-time grants to Georgia public schools to make safety enhancements, a campaign pitch of Kemp’s.
Topics Legislation Agribusiness Georgia
Was this article valuable?
Here are more articles you may enjoy.
Florida Appeals Court Reverses $200M Jury Verdict in Maya Kowalski Case
UBS Warns of Systemic Risk From Weak US Insurance Regulation
Satellite Data Reveals Hurricane Melissa Damage in Jamaica
Progressive Now 4th Largest Global Insurer; RenRe Fastest Growing in ’24 

