[Congressional Record Volume 164, Number 40 (Wednesday, March 7, 2018)]
[Senate]
[Page S1462]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 2071. Mr. HOEVEN submitted an amendment intended to be proposed by
him to the bill S. 2155, to promote economic growth, provide tailored
regulatory relief, and enhance consumer protections, and for other
purposes; which was ordered to lie on the table; as follows:
At the appropriate place, insert the following:
SEC. __. 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 ``2018''.
(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 ``2018''.
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