LC 479 An act providing for temporary continuation of 

 (HB 71) the agricultural assistance and counseling 

 program; amending section 15, Chapter 9, 

 Special Laws of March 1986; and appropriating 

 funds. 



II. 



The Subcommittee has considered but makes no 

 recommendation concerning the following legislation: 



LC 526 An act establishing a Montana agricultural 

 (HB 86) marketing program; authorizing the Department 



of Agriculture to administer the program; and 



appropriating funds. 



III. 



The Joint Interim Subcommittee on Agricultural 

 Problems recommended that the Montana Legislature, 

 meeting in Special Session in March 1986, enact 

 legislation to assist the state's financially troubled 

 agricultural industry. This legislation, consisting of 

 seven bills, was approved by the Legislature. These 

 bills are listed below as follows: 



SB 7 An act creating an agricultural production 



loan linked deposit program; authorizing the 

 Board of Investments to place up to 

 $50,000,000 of public investment funds in 

 certificates of deposit with participating 

 lending institutions at an interest rate 1 

 percent below the current market rate; and 

 requiring each institution to lend the value 



iiV 



