[Congressional Bills 108th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4210 Introduced in House (IH)]






108th CONGRESS
  2d Session
                                H. R. 4210

To amend the Farm Credit Act of 1971 to support the commercial fishing 
                               industry.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             April 22, 2004

Mr. LoBiondo (for himself and Mr. Allen) introduced the following bill; 
           which was referred to the Committee on Agriculture

_______________________________________________________________________

                                 A BILL


 
To amend the Farm Credit Act of 1971 to support the commercial fishing 
                               industry.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. EXTENSION OF CREDIT TO BUSINESSES PROVIDING SERVICES TO 
              PRODUCERS OR HARVESTERS OF AQUATIC PRODUCTS.

    (a) Farm Credit Banks.--
            (1) Eligibility for credit and financial services.--Section 
        1.9 of the Farm Credit Act of 1971 (12 U.S.C. 2017) is 
        amended--
                    (A) by striking ``or'' at the end of paragraph (2);
                    (B) by striking the period at the end of paragraph 
                (3) and inserting ``; or''; and
                    (C) by adding at the end the following:
            ``(4) persons furnishing to producers or harvesters of 
        aquatic products services directly related to their operating 
        needs.''.
            (2) Purposes for extensions of credit.--Section 1.11(c)(1) 
        of such Act (12 U.S.C. 2019(c)(1)) is amended by inserting 
        ``and to persons furnishing services directly related to the 
        operating needs of producers or harvesters of aquatic 
        products'' after ``needs''.
    (b) Production Credit Associations.--Section 2.4(a) of such Act (12 
U.S.C. 2075(a)) is amended--
            (1) by striking ``and'' at the end of paragraph (2);
            (2) by striking the period at the end of paragraph (3) and 
        inserting ``; and''; and
            (3) by adding at the end the following:
    ``(4) persons furnishing to producers or harvesters of aquatic 
products services directly related to their operating needs.''.
                                 <all>