Federal Aggie Bonds Program Authorization Statute

The federal Aggie Bond Loan Program began in 1980 as a cost-effective way for states to help first-time farmers.  Aggie Bonds are established through a federal-state partnership that allows private lenders to receive federal and/or state tax-exempt interest on loans made to beginning farmers.   Aggie Bond programs are generally run by the state agriculture department or similar authority.

Downloadable Documents: 
Citation: 
26 U.S.C. § 147 (2013).
Law Category: 
Federal Laws