A bill to amend title III of the Bankhead-Jones Farm Tenant Act, as amended, to increase the amount of any loan for which funds may be appropriated without prior approval of such loan by congressional committees.

[AI summary unavailable — showing source text] Prohibits appropriations for any resource conservation and development loan in excess of $500,000 (presently $250,000) under the Bankhead-Jones Farm Tenant Act, without prior approval of the Committee on Agriculture and Forestry of the Senate and the Committee on Agriculture of the House of Representatives. Extends the loan-making power of the Secretary of Agriculture to include loans for the conservation, development, and utilization of water for aquaculture purposes.…