Sec. B-6. Contingent effective date. This Part takes effect only if the General Fund bond issue authorized in Part A is approved at referendum.

SUMMARY

The funds provided by this bond issue authorized in Part A, in the amount of $5,000,000, will be used to fund both grants and loans under the Maine Farms for the Future Program administered by the Department of Agriculture, Food and Rural Resources. Part B provides the statutory authority to allow loans to be made to eligible farms under the Maine Farms for the Future Program and is contingent upon passage of the referendum set out in Part A.