Georgia Lawmakers Approve $20M More in Loans to Farmers for Michael Recovery

February 25, 2019

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 Georgia Agribusiness

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