Tobacco Settlement Oversight Committee Update: Meredith Reports Edmonson County to Receive $95,000 From State’s Ag Development Fund
Edmonson Voice Report:
State Representative Michael Meredith has received notification from the Tobacco Settlement Agreement Fund Oversight Committee that Edmonson County will receive $95,000 in funding through the Kentucky Agricultural Development Fund. The funding is specifically approved by the Kentucky Agriculture Development Board (KADB) for a County Agricultural Investment Program (CAIP.)
“I am happy to announce that Edmonson County will be receiving $95,000 in agriculture development funds. The legislature takes pride in the conservation of our agricultural legacy, and that is most certainly seen through our teamwork with the Agricultural Development Board and the Department of Agriculture as we continue to make strides in funding opportunities. This money will be a tremendous asset to our local agricultural operations, and I look forward to seeing how this will benefit our community,” Meredith said.
This funding stems from the Tobacco Master Settlement Agreement fund that was established as a result of an accord that was reached in 1998 between four major tobacco product manufacturers and 46 states. The legislature created the Kentucky Agricultural Development Board. Legislators moved the KADB to the Department of Agriculture during the 2021 Regular Session to better serve the mission of the fund.
Local farmers can apply for CAIP grants through the Edmonson County Conservation District by calling 270-597-2761 until October 22, 2021.
To learn more about the Tobacco Settlement Agreement Fund Oversight Committee, please visit the Committee section of legislature.ky.gov.