[Congressional Record Volume 164, Number 107 (Tuesday, June 26, 2018)]
[Senate]
[Pages S4435-S4436]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 3153. Mr. UDALL (for himself, Mr. Inhofe, and Mr. Murphy)
submitted an amendment intended to be proposed by him to the bill H.R.
2, to provide for the reform and continuation of agricultural and other
programs of the Department of Agriculture through fiscal year 2023, and
for other purposes; which was ordered to lie on the table; as follows:
At the end of subtitle E of title XII, add the following:
SEC. 12519. REPORT ON STUDENT LOAN DEBT.
Not later than 2 years after the date of enactment of this
Act, the Secretary, in coordination with the Secretary of
Education, shall submit to Congress and make publicly
available a report describing the impact of student loan debt
on farmers, ranchers, and the agricultural sector in the
United States. The report shall include the following:
(1) An assessment and description of the extent to which
debt from student loans is--
(A) impacting the ability of farmers and ranchers to
acquire or access credit, acquire or inherit farmland, start
new businesses, or expand existing farm operations;
[[Page S4436]]
(B) creating barriers to entry or preventing aspiring
farmers and ranchers from beginning careers in agriculture-
related occupations; and
(C) threatening the long-term economic viability of
agriculture in the United States.
(2) How debt from student loans affects, as described in
paragraph (1), beginning farmers and historically underserved
producers, in particular.
(3) The regulatory, operational, or statutory changes that
are necessary to address student loan debt as an impediment
for current and aspiring farmers and ranchers.
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