Search Results: keywords:"farm credit act of 1971"

  • S. 1217 — To amend the Farm Credit Act of 1971 to support the commercial fishing industry.
    Status:Introduced in Senate
    Words:440

    S. 1217 aims to modify the Farm Credit Act of 1971 to enhance financial support for the commercial fishing industry. The bill proposes to extend eligibility for credit and financial services to businesses that supply producers or harvesters of aquatic products with services...

    Simple Explanation

    S. 1217 is a bill that wants to help people who work in fishing by letting them borrow money more easily; it aims to make sure businesses that help these fishers have what they need to do their jobs can also get financial help.

  • H. R. 1246 — To amend the Farm Credit Act of 1971 to provide support for facilities providing healthcare, education, child care, public safety, and other vital services in rural areas.
    Status:Introduced in House
    Words:683

    H.R. 1246, titled the "Investing in Rural America Act of 2025," proposes changes to the Farm Credit Act of 1971. The bill aims to allow Farm Credit System institutions to provide financial and technical support for essential community facilities in rural areas, such as healthcare and...

    Simple Explanation

    The bill wants to help small towns by allowing special banks to give money to build or fix important places like hospitals and schools, but there are some rules to make sure it's fair and safe for these banks and the people in the towns.

  • S. 3497 — To amend the Farm Credit Act of 1971 to modify rural housing financing under that Act.
    Status:Introduced in Senate
    Words:233

    S. 3497, titled the “Fostering the Availability in Rural Markets of Home Loans Act of 2023” or the “FARM Home Loans Act of 2023,” proposes changes to the Farm Credit Act of 1971. It seeks to improve rural housing financing by allowing accessory dwelling units to be included...

    Simple Explanation

    S. 3497 is a plan to help more people in the countryside get loans to buy or build houses. It wants to make it easier for families in bigger small towns and include extra little homes, like granny flats, in the plan.