SB2595 amends the Agribusiness Development Corporation's powers and functions, including property acquisition and management.

SB2595 amends the Agribusiness Development Corporation's powers and functions, including property acquisition and management. The corporation can acquire, construct, and manage real, personal, or mixed property for agricultural purposes. It can also lease or license property to qualified entities, with payments at or above market rates, except for educational institutions or food and product innovation network partners. The corporation can coordinate with federal or state farm credit programs, grant purchase options, and provide advisory services.

SB2595 amends the Agribusiness Development Corporation's powers and functions, including property acquisition and management.

SB2595 amends the Agribusiness Development Corporation's powers and functions, including property acquisition and management. The corporation can acquire, construct, and manage real, personal, or mixed property for agricultural purposes. It can also lease or license property to qualified entities, with payments at or above market rates, except for educational institutions or food and product innovation network partners. The corporation can coordinate with federal or state farm credit programs, grant purchase options, and provide advisory services.