Senator Bill Beagle...
in Ohio’s Agriculture Assets
March 39, 2012
annual contribution of more than $100 billion to our state’s economy,
agriculture-related industries have proven to be critical cornerstones
Ohio’s most recent successes. Largely composed of family-owned farms
businesses, agribusiness has long been a vital asset to the State of
Ohio. As our
economic comeback continues, it is
more important than ever before that we provide job creators with the
tools to ensure that they thrive in the years to come.
That is why I recently advocated for
legislation that expands access to Ohio’s Agriculture Linked Deposit
by the State Treasurer’s Office, the program permits the Treasurer to
lending institutions that provide money to eligible agriculture
reduced interest rates. Senate
which I am proud to have sponsored, boosts the maximum amount of money
permitted to be invested in agriculture linked deposits.
are made through Ag-LINK result in direct investments for communities
Ohio. By updating
this program, we are
providing farmers and operators with the ability to manage the rising
operation that sometimes come with unpredictable markets. In a state like ours, the
success of our
farming community is often translated into the creation of quality,
jobs and a bolstered economy.
Bill 281 and its companion legislation, House Bill 415, have received
bipartisan support in their respective chambers.
Additionally, both measures have earned
endorsements from the Ohio Farm Bureau.
I look forward to seeing this legislation move
forward in the weeks
ahead and to watch as Ohio’s agriculture community continues to drive
state’s economy in the right direction.
always, I welcome your thoughts and
ideas concerning the matters we discuss at the Statehouse. You can
office by phone at (614) 466-6247, by e-mail at SD05@ohiosenate.gov or
writing State Senator Bill Beagle, Ohio Statehouse, One Capitol Square,
Columbus, OH 43215. I look forward to hearing from you.