Rural Finance Authority funding provided, bonds issued, and money appropriated.

HF 199 appropriates $50 million from state bond proceeds to the Rural Finance Authority for agricultural loans in Minnesota. It directly affects farmers, particularly beginning farmers, by funding specific programs including the beginning farmer loan program, loan restructuring, seller-sponsored loans, agricultural improvement loans, and livestock expansion loans. The bill authorizes the state to sell up to $50.05 million in bonds to cover this funding, with bond sale expenses covered by an additional $50,000. All funds must be used for approved loan programs under Minnesota Statutes, with priority given to beginning farmer loans first.