Fishing Industry Credit Enhancement Act of 2025
S 1217 expands credit access under the Farm Credit Act to businesses that provide services directly supporting fishing operations. It amends the Farm Credit Act to include "persons furnishing to producers or harvesters of aquatic products services directly related to their operating needs" as eligible for credit from Farm Credit Banks and Production Credit Associations. This change specifically affects service providers (like equipment suppliers or processors) supporting commercial fishing businesses, not the fishermen or harvesters themselves, by adding them to existing credit eligibility criteria.
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2025
Committee Review
Floor Vote
President
Introduced Mar 31, 2025
Last action Mar 31, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Mar 31, 2025
Committee
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
upper
Mar 31, 2025
Introduced
Introduced in Senate
upper
1 primary · 8 co-sponsors
Sponsors
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