Missouri Agricultural and Small Business Development Authority

PO Box 630
Jefferson City, MO 65102-0630

Phone: (573)-751-5624
Fax: (573)-522-2416

Email: masbda@mda.mo.gov
Website: http://mda.mo.gov/abd/financial/

Director: Jill S. Wood

Details on Board or Commission

Authority: RSMo 348.020

Department: Agriculture

Mission: The Missouri Agricultural and Small Business Development Authority makes capital available to Missouri farmers, particularly independent producers; agribusiness; and small business at competitive interest rates on a scale to make a major impact.

Function: The Missouri Agricultural and Small Business Development Authority reviews and approves loan applications for the authority's programs, and sets policy and direction related to operation of the authority.

SubCommittees: none

Details on Meetings

Number of meetings: 12 meetings

Location of meetings: Jefferson City and various locations

Duration of meetings: 1-2 hours

Preparation time for meetings: 1 hour

Total time commitment: 24-36 hours annually

Details on Members

Total members: 8

Appointed members: 7

Term length: 5 years; one reappointment allowed

Compensation: Members receive reimbursement for realized and necessary expenses.

Member Requirements: No commissioner appointed by the governor shall serve more than two consecutive full terms.

Political Requirements: yes, not more than 4 members may be members of the same political party

Geographic Requirements: no

Senate Consent Required: Yes