ARC 9907C

Notice of Intended Action

Iowa agricultural development programs, ch 44

Iowa Finance Authority

Organization Overview

Open For Comments

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Official Document

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View the Iowa Administrative Bulletin for 1/7/2026.

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Administrative Rule References

The following administrative rule references were added to this document. You may click a reference to view related notices.

Rule 265-302.88(3) Rule 265-44.1 Rule 265-44.2 Rule 265-44.2(5) Rule 265-44.3 Rule 265-44.4 Rule 265-44.5 Rule 265-44.6 Rule 265-44.6(6)"c" Rule 265-44.7 Rule 265-44.8 Rule 265-44.9 Rule 701-302.87

Iowa Code References

The following Iowa code references were added to this document. You may click a reference to view related notices.

Iowa Code 16 Iowa Code 16, subchapter VIII Iowa Code 16.1A Iowa Code 16.2C Iowa Code 16.4A Iowa Code 16.4B Iowa Code 16.58 Iowa Code 16.58(9) Iowa Code 16.5D Iowa Code 16.75 Iowa Code 16.75(3) Iowa Code 16.76 Iowa Code 16.77 Iowa Code 16.79(2) Iowa Code 16.79A Iowa Code 16.79A(4) Iowa Code 16.82(3) Iowa Code 4.1(20) Iowa Code 599.1

Keywords

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Agricultural improvements Agricultural land Application Application of proceeds of loan liquidation Application procedures Applying principal and interest payments Assignment of BFLP loans by bond purchasers Beginning farmer loan program Beginning farmer loan program eligibility Beginning farmer tax credit program Changes to an agricultural lease agreement Credit evaluation Definitions Eligibility Eligible projects and activities Eligible taxpayer Events of loan default Individual agricultural development bond program description Ineligible projects Interim financing by lender Issuance of bond Last-in/last-out collateral position Lender’s certification Lender’s responsibilities Livestock used for breeding purposes Loan administration procedures Loan participation program Loan program fees LPP interest rate LPP loan application LPP loan in conjunction with BFLP loan LPP loans outstanding Machinery and equipment Maximum allowable net worth Payment due dates Prepayment penalty Priority of applications Procedure for calculating tax credit awards Procedures following bond issuance Processing LPP loan applications Program parameters Program summary Purchase price impact Qualified beginning farmer Recording documents and fees References Repayment proceeds and collateral Requirements of an agricultural lease agreement Right to audit Security for participated loans and use of security documents Subsequent loans Supplement to beginning farmer’s down payment Tax credit term Underwriting criteria Use of project Violations of law
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