S 1217 · 119th Congress · Public Lands and Natural Resources

Fishing Industry Credit Enhancement Act of 2025

Introduced 2025-03-31· Sponsored by Sen. King, Angus S., Jr. [I-ME]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.(2025-03-31)

Plain Language Summary

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 1217 Introduced in Senate (IS)] <DOC> 119th CONGRESS 1st Session S. 1217 To amend the Farm Credit Act of 1971 to support the commercial fishing industry. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES March 31, 2025 Mr. King (for himself, Ms. Murkowski, Mr. Murphy, Mr. Coons, Ms. Blunt Rochester, and Mr. Sullivan) introduced the following bill; which was read twice and referred to the Committee on Agriculture, Nutrition, and Forestry _______________________________________________________________________ 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. SHORT TITLE. This Act may be cited as the ``Fishing Industry Credit Enhancement Act of 2025''. SEC. 2. 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…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (8)

4 Democrats4 Republicans