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Relief bills introduced for Montana farmers relief plan
Montana legislators introduced two bills to aid drought hit farmers. House Bill 11, the state aid bill, proposes five million dollars in state bonds over 15 years at 5 percent with a September vote and a one mill annual tax. Loans up to five thousand dollars may fund seed grain livestock equipment fences irrigation and debt, at six percent interest, secured and repaid to the state treasurer. House Bill 12, the Belden county aid measure, authorizes county boards to buy seed and supplies for victims of drought, with 100 freeholders required to petition before action. if costs exceed ten thousand dollars a special election is held before funding.
MENTIONED IN THIS ARTICLE
Helena
Aug. l
Higgins
Belden
State Board of Examiners
State of
Montana
Board of County
Boards of County Commissioners