summary
Introduced
05/30/2023
05/30/2023
In Committee
05/30/2023
05/30/2023
Crossed Over
Passed
Dead
01/03/2025
01/03/2025
Introduced Session
118th Congress
Bill Summary
A bill to amend the Farm Credit Act of 1971 to support the commercial fishing industry.
AI Summary
This bill amends the Farm Credit Act of 1971 to support the commercial fishing industry. Specifically, it extends eligibility for credit and financial services from the Farm Credit System (a network of borrower-owned cooperatives and related entities that provide loans and related services to farmers, ranchers, and other eligible borrowers) to include persons furnishing services directly related to the operating needs of producers or harvesters of aquatic products, such as commercial fishermen. This change is intended to enhance access to credit and financial services for businesses that support the fishing industry.
Committee Categories
Agriculture and Natural Resources
Sponsors (7)
Angus King (I)*,
Ben Cardin (D),
Susan Collins (R),
Chris Coons (D),
Lisa Murkowski (R),
Chris Murphy (D),
Dan Sullivan (R),
Last Action
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. (on 05/30/2023)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/118th-congress/senate-bill/1756/all-info |
| BillText | https://www.congress.gov/118/bills/s1756/BILLS-118s1756is.pdf |
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