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119th CongressH. R. 2518

Introduced in House

Fishing Industry Credit Enhancement Act of 2025

SEC. 1. SHORT TITLETrack this section →

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 PRODUCTSTrack this section →

(a) Farm credit banks (1) Eligibility for credit and financial services Section 1.9 of the Farm Credit Act of 1971 (12 U.S.C. 2017) is amended— (A) in paragraph (2), by striking or at the end; (B) by redesignating paragraph (3) as paragraph (4); and (C) by inserting after paragraph (2) the following: (3) persons furnishing to producers or harvesters of aquatic products services directly related to their operating needs; or. (2) Purposes for extensions of credit Section 1.11(c)(1) of the Farm Credit Act of 1971 (12 U.S.C. 2019(c)(1)) is amended by inserting and to persons furnishing services directly related to the operating needs of producers or harvesters of aquatic products after needs. (b) Production credit associations Section 2.4(a) of the Farm Credit Act of 1971 (12 U.S.C. 2075(a)) is amended— (1) in paragraph (2), by striking and at the end; (2) in paragraph (3), by striking the period at the end and inserting; and; and (3) by adding at the end the following: (4) persons furnishing to producers or harvesters of aquatic products services directly related to their operating needs..

•HR 2518 IHText from GovInfo
H.R. 2518 full text: Fishing Industry Credit Enhancement Act of 2025 · Public Law Tracker