US Congress House Bill 874 (Prior Session Legislation)

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Spectrum: Slight Partisan Bill (Democrat 4-2)
Status: Introduced on March 2 2011 - 25% progression, died in committee
Action: 2011-03-09 - Referred to the Subcommittee on Department Operations, Oversight, and Credit.
Pending: House Subcommittee on Department Operations, Oversight, and Credit Committee
Text: Latest bill text (Introduced) [PDF]

Agricultural Credit Expansion Act - Amends the Consolidated Farm and Rural Development Act to expand eligibility for Farm Service Agency operating loans, farm ownership loans, conservation loans, and emergency loans. Deems specified embedded entities (an entity owned wholly or in part by another entity) eligible for farm ownership and operating loans. Deems specified operating-only entities eligible for farm ownership loans. Deems an entity that is an owner-operator or operator to meet the direct ownership loan requirement if it is owned in whole or in part by other entities and each individual that is an owner of the family farm involved has an ownership interest in each of the other entities.

Agricultural Credit Expansion Act

Rep. William Owens [D-NY]	Rep. Joe Courtney [D-CT]	Rep. Richard Hanna [R-NY]	Rep. Nan Hayworth [R-NY]
Rep. Louise Slaughter [D-NY]	Sen. Peter Welch [D-VT]

Date	Chamber	Action
2011-03-09	House	Referred to the Subcommittee on Department Operations, Oversight, and Credit.
2011-03-02	House	Referred to the House Committee on Agriculture.

Type	Source
Summary	https://www.congress.gov/bill/112th-congress/house-bill/874/all-info
Text	https://www.congress.gov/112/bills/hr874/BILLS-112hr874ih.pdf