[Congressional Bills 115th Congress]
[From the U.S. Government Publishing Office]
[S. 1736 Introduced in Senate (IS)]

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115th CONGRESS
  1st Session
                                S. 1736

  To amend the Consolidated Farm and Rural Development Act to adjust 
limitations on certain Farm Service Agency guaranteed and direct loans.


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                   IN THE SENATE OF THE UNITED STATES

                             August 3, 2017

 Mr. Hoeven (for himself, Mr. Boozman, and Mr. Strange) 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 adjust 
limitations on certain Farm Service Agency guaranteed and direct loans.

    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 ``Capital for Farmers and Ranchers 
Act''.

SEC. 2. FARM LOAN FUNDING REFORM.

    (a) Limitations on Amount of Farm Ownership Loans.--Section 
305(a)(2) of the Consolidated Farm and Rural Development Act (7 U.S.C. 
1925(a)(2)) is amended--
            (1) by striking ``$300,000'' and inserting ``$600,000'';
            (2) by striking ``$700,000'' and inserting ``$2,500,000''; 
        and
            (3) by striking ``2000'' and inserting ``2017''.
    (b) Limitations on Amount of Operating Loans.--Section 313(a)(1) of 
the Consolidated Farm and Rural Development Act (7 U.S.C. 1943(a)(1)) 
is amended--
            (1) by striking ``$300,000'' and inserting ``$600,000'';
            (2) by striking ``$700,000'' and inserting ``$2,500,000''; 
        and
            (3) by striking ``2000'' and inserting ``2017''.
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