A bill to amend the eligibility requirements for an emergency loan from the Farmers Home Administration.

Provides, under the Consolidated Farm and Rural Development Act, that aliens legally admitted to the United States for permanent residence are eligible for emergency loans if they are established farmers, ranchers or persons engaged in aquaculture. Makes eligible for such loans domestic corporations or partnerships primarily engaged in farming, ranching or aquaculture which have stockholders or partners who are aliens legally admitted for permanent residence.