FSA Loan Guarantee Enhancement Act of 2017
Bill journey · stage 2 of 5
Under committee review
What it doesSummary 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.
What just happenedOct 5, 2017
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Who’s behind it
- Introduced in SenateOct 5, 2017
- Oct 5, 2017IntroReferral
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Agriculture, Nutrition, and Forestry Committee - Oct 5, 2017IntroReferral10000
Introduced in Senate