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Search Results: keywords:"farm credit system"

  • H. R. 1063, titled the "Farm Credit Administration Independent Authority Act," is a bill that designates the Farm Credit Administration as the sole and independent regulator of the Farm Credit System. The bill mandates that Farm Credit System lenders collect demographic data, such as race,...

    Simple Explanation

    The bill says that a group called the Farm Credit Administration is in charge of keeping an eye on a special bank system, and it asks these banks to collect and share information about small farmers who ask for loans, like their race and gender, but makes sure their private details stay safe.

  • 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.