|Posted:||May 28, 2019 10:55 AM|
|From:||Representative Clint Owlett|
|To:||All House members|
|Subject:||Dairy Investment Program|
|I will soon introduce legislation to create the Dairy Investment Program within the Commonwealth Financing Authority (CFA). Last year’s Fiscal Code included language to transfer $5 million from the First Industries Fund to a new account for the CFA to issue grants to support the Commonwealth’s dairy industry. The CFA was directed to adopt guidelines for the approval of grants for research and development, organic transition, value-added processing and marketing, and those guidelines were approved in the Fall of 2018. Grants were issued in March 2019 that exhausted the $5 million.
My legislation will provide more specific parameters for the CFA to evaluate and approve grants, and will include consultation with the Department of Agriculture. Funding will be available as is provided by the General Assembly.
Please join me in co-sponsoring this legislation to support our state’s dairy industry.
Introduced as HB1590