Bill

Bill > HR4940


US HR4940

US HR4940
Fishing Industry Credit Enhancement Act of 2023


summary

Introduced
07/26/2023
In Committee
08/28/2023
Crossed Over
Passed
Dead
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 aims to amend the Farm Credit Act of 1971 to support the commercial fishing industry. It does this by expanding the eligibility for credit and financial services from Farm Credit Banks and Production Credit Associations to include persons providing services directly related to the operating needs of producers or harvesters of aquatic products. This change will allow these service providers to access the same credit and financial services as the primary producers and harvesters, which is intended to enhance the commercial fishing industry's access to credit and financial resources.

Committee Categories

Agriculture and Natural Resources

Sponsors (9)

Last Action

Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit. (on 08/28/2023)

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