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S. 1921 · 115th Congress

FSA Loan Guarantee Enhancement Act of 2017

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Never voted on. It didn't reach a floor vote before the 115th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

No cosponsors.

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).

What it does: CRS summary · Introduced in Senate · Oct 5, 2017

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.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: FSA Loan Guarantee Enhancement Act of 2017

Latest action (Oct 5, 2017): Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.

Policy area: Agriculture and Food · Origin: Senate · Introduced: Oct 5, 2017

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.