[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[S. 368 Introduced in Senate (IS)]

112th CONGRESS
  1st Session
                                 S. 368

 To amend the Consolidated Farm and Rural Development Act to suspend a 
 limitation on the period for which certain borrowers are eligible for 
                         guaranteed assistance.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                           February 16, 2011

    Mr. Kohl (for himself, Mr. Grassley, Ms. Landrieu, Mr. Udall of 
 Colorado, Ms. Klobuchar, Mr. Durbin, Mr. Bennet, Mr. Johnson of South 
Dakota, Mr. Harkin, Mr. Leahy, Mr. Nelson of Nebraska, Mr. Conrad, and 
 Mrs. Gillibrand) introduced the following bill; which was read twice 
 and referred to the Committee on Agriculture, Nutrition, and Forestry

_______________________________________________________________________

                                 A BILL


 
 To amend the Consolidated Farm and Rural Development Act to suspend a 
 limitation on the period for which certain borrowers are eligible for 
                         guaranteed assistance.

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

SECTION 1. SUSPENSION OF LIMITATION ON PERIOD FOR WHICH BORROWERS ARE 
              ELIGIBLE FOR GUARANTEED ASSISTANCE.

    Section 319(b) of the Consolidated Farm and Rural Development Act 
(7 U.S.C. 1949(b)) is amended--
            (1) in paragraph (1), by striking ``paragraph (2)'' and 
        inserting ``paragraphs (2) and (3)''; and
            (2) by adding at the end the following:
            ``(3) Suspension.--During the period beginning December 31, 
        2010, and ending December 31, 2013, paragraph (1) shall have no 
        force or effect.''.
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