“The ACRE Act provision Republicans included in the One Big Beautiful Bill will enhance the ability of community banks to support ag producers facing low grain commodity prices and record-high crop production costs,” said Representative Ron Estes. “ACRE provides farm bank lenders a tool they can immediately use to lower interest rates for agricultural borrowers. This policy is good for farmers, ranchers and rural communities across Kansas.” “For years, rising inflation and high interest rates have imposed economic strain on farmers in Kansas and across the country,” said Senator Moran. “I’m pleased that the ACRE Act has been signed into law to provide lower interest rates for Kansas farmers and ranchers struggling with low commodity prices. This legislation will help sustain the presence of rural community banks by making them more competitive and better able to meet the financing needs of their customers.” the U.S. Senate. Kansas 4th District Congressman Ron Estes, who serves on the powerful U.S. House Ways and Means (Tax Policy) Committee, was also instrumental in securing an ACRE Act provision in the original budget/tax reconciliation package adopted by the U.S. House. U.S. Senator Roger Marshall, Congressman Tracey Mann and Congressman Derek Schmidt were also co-sponsors of the ACRE Act and actively advocated for passage of this measure with their Congressional colleagues. We thank each of these leaders for advancing a policy that will help sustain banks across Kansas by allowing them to better serve their farm and ranch customers with lower-cost agricultural credit. With many agricultural producers facing financial pressure created by low grain commodity prices and record-high crop input prices, this policy change will prove to be an immediate beneficial tool for bankers and their ag borrowers. And finally, thank you, Kansas bankers ... mission accomplished! Take control of your health. Health coaching is free with your Blue Cross and Blue Shield of Kansas health plan. Whether you’re managing a chronic condition or looking to make lifestyle changes, our registered nurses are here to support you. Enroll today and speak with a nurse who understands your journey. bcbsks.com/dm KBA 0825 An independent licensee of the Blue Cross Blue Shield Association. 5
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