[Congressional Bills 104th Congress]
[From the U.S. Government Publishing Office]
[S. 1078 Introduced in Senate (IS)]







104th CONGRESS
  1st Session
                                S. 1078

To amend the Consolidated Farm and Rural Development Act to require the 
    Secretary of Agriculture to make tourist and other recreational 
 businesses located in rural communities eligible for loans under the 
      business and industry loan program, and for other purposes.


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                   IN THE SENATE OF THE UNITED STATES

                July 27 (legislative day, July 10), 1995

 Mr. Feingold introduced the following bill; which was read twice and 
   referred to the Committee on Agriculture, Nutrition, and Forestry

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                                 A BILL


 
To amend the Consolidated Farm and Rural Development Act to require the 
    Secretary of Agriculture to make tourist and other recreational 
 businesses located in rural communities eligible for loans under the 
      business and industry loan program, and for other purposes.
    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Rural Community Tourism Act of 
1995''.

SEC. 2. LOANS FOR TOURISM IN RURAL COMMUNITIES.

    The first sentence of section 310B(a) of the Consolidated Farm and 
Rural Development Act (7 U.S.C. 1932(a)) is amended--
            (1) by striking ``and (3)'' and inserting ``(3)''; and
            (2) by inserting before the period at the end the 
        following: ``, and (4) promoting the planning, development, or 
        financing of tourist or recreational businesses located in 
        rural communities''.

SEC. 3. REGULATIONS.

    To carry out paragraph (4) of section 310B(a) of the Consolidated 
Farm and Rural Development Act (7 U.S.C. 1932(a)) (as amended by 
section 2), the Secretary of Agriculture shall publish--
            (1) interim final regulations not later than 45 days after 
        the date of enactment of this Act; and
            (2) final regulations not later than 90 days after the date 
        of enactment of this Act.
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