US SB1921 | 2017-2018 | 115th Congress

Status

Sponsorship: Partisan Bill (Republican 1)
Status: Introduced on October 5 2017 - 25% progression, died in committee
Action: 2017-10-05 - Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Pending: Senate Agriculture, Nutrition, And Forestry Committee
Text: Latest bill text (Introduced) [PDF]

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.

Tracking Information

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Title

FSA Loan Guarantee Enhancement Act of 2017

Sponsors


History

DateChamberAction
2017-10-05SenateRead twice and referred to the Committee on Agriculture, Nutrition, and Forestry.

Subjects


US Congress State Sources


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