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 Agribusiness Georgia
Was this article valuable?
Here are more articles you may enjoy.
Q4 Global Commercial Insurance Rates Drop 4%, in 6th Quarterly Decline: Marsh
Trump’s Repeal of Climate Rule Opens a ‘New Front’ for Litigation
Allstate CEO Wilson Takes on Affordability Issue During Earnings Call
Insurance Issue Leaves Some Players Off World Baseball Classic Rosters 

