Senate Bill 1921
115th Congress(2017-2018)
FSA Loan Guarantee Enhancement Act of 2017
Introduced
Introduced in Senate on Oct 5, 2017
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
1921
Congress
115
Policy Area
Agriculture and Food
Agriculture and Food
Primary focus of measure is agricultural practices; agricultural prices and marketing; agricultural education; food assistance or nutrition programs; food industry, supply, and safety; aquaculture; horticulture and plants. Measures concerning international trade in agricultural products may fall under Foreign Trade and International Finance policy area.
No Senate votes have been held for this bill.
Summary
FSA Loan Guarantee Enhancement Act of 2017
This bill amends the Consolidated Farm and Rural Development Act to provide additional authority for the Department of Agriculture (USDA) to make and guarantee farm loans through the Farm Service Agency (FSA).
The bill modifies the FSA's loan programs to: (1) increase the amount of unpaid debt permitted per borrower under farm ownership and operating loans guaranteed by USDA, (2) extend and increase the authorizations of funding to make or guarantee farm ownership and operating loans, and (3) require the authorization levels to be adjusted for inflation beginning in FY2019.
October 5, 2017
10/05/2017
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
10/05/2017
Introduced in Senate
Public Record
Record Updated
Jan 11, 2023 1:38:17 PM