This bill amends the Farm Credit Act of 1971 to extend credit and financial services from Farm Credit Banks and Production Credit Associations to businesses that provide services to the commercial fishing industry, in addition to their current focus on agricultural producers. The legislation aims to help fishing-related service providers—such as those offering equipment, supplies, or other support directly tied to fishing operations—access the same credit programs traditionally available to farmers and agricultural businesses. The bill does not specify new funding amounts or implementation timelines, as it primarily restructures eligibility rules within existing Farm Credit System programs. This change would affect commercial fishing businesses and their service providers who currently lack access to these federally-backed credit programs. The bill was introduced by Representative Pingree and Representative Higgins of Louisiana and referred to the House Committee on Agriculture.
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