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H.R. 1297

Agricultural Credit Expansion Act

Agricultural Credit Expansion Act - Amends the Consolidated Farm and Rural Development Act to expand eligibility for Farm Service Agency operating loans, farm ownership loans, conservation loans, and emergency loans.

Deems specified embedded entities (an entity owned wholly or in part by another entity) eligible for farm ownership and operating loans.

Deems specified operating-only entities eligible for farm ownership loans.

Deems an entity that is an owner-operator or operator to meet the direct ownership loan requirement if it is owned in whole or in part by other entities and each individual that is an owner of the family farm involved has an ownership interest in each of the other entities.

Referred to the Subcommittee on Livestock, Rural Development, and Credit.

Rep. Owens, William L. [D-NY-21](D-NY)Sponsor
2 cosponsors1 D1 R
2cosponsors1committees4actions3subjects
  • Introduced in HouseMar 20, 2013
  1. Committee

    Referred to the Subcommittee on Livestock, Rural Development, and Credit.

  2. IntroReferralH11100

    Referred to the House Committee on Agriculture.

  3. IntroReferralIntro-H

    Introduced in House

  4. IntroReferral1000

    Introduced in House

Agricultural Credit Expansion Act — Informed