A bill to amend the Consolidated Farm and Rural Development Act to increase limitations and authorizations for Farm Service Agency guaranteed loans, and for other purposes.
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.
Introduced in Senate
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line