About this document
Texas Agricultural Loan Guarantee Overview by TPPF is a document available to read on EtoBox.
The Agricultural Loan Guarantee (ALG) Program provides loan guarantees and interest rate rebates to Texas farmers and ranchers to encourage investment in agriculture. Since 2010, the program has guaranteed 63 loans totaling $12.8 million. However, critics argue the program has minimal impact given the size of Texas agriculture, distorts the free market, and results in an inefficient use of taxpayer funds that could be better spent elsewhere. The recommendation is to eliminate the ALG Program and other agric
- Author
- TPPF
- Language
- EN