Experience requirements
Title V — Credit › Subtitle A — Farm Ownership Loans
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No wording changed between Committee version and Passed the House.
How the text changed
Section 302(b) of the Consolidated Farm and Rural Development Act (7 U.S.C. 1922(b)) is amended— (1) in paragraph (1), in the matter preceding subparagraph (A), by striking 3 years and inserting 2 years; and (2) in paragraph (4)— (A) in subparagraph (A)— (i) in the matter preceding clause (i)— (I) by striking 3-year and inserting 2-year; and (II) by striking 1 or 2 years and inserting 1 year; (ii) in clause (iii), by inserting or operational before responsibilities; (iii) in clause (vii), by striking or; and (iv) by adding at the end the following: (ix) met any other criteria established by the Secretary; or; and (B) in subparagraph (B), by striking 3-year and inserting 2-year.
Section 302(b) of the Consolidated Farm and Rural Development Act (7 U.S.C. 1922(b)) is amended— (1) in paragraph (1), in the matter preceding subparagraph (A), by striking 3 years and inserting 2 years; and (2) in paragraph (4)— (A) in subparagraph (A)— (i) in the matter preceding clause (i)— (I) by striking 3-year and inserting 2-year; and (II) by striking 1 or 2 years and inserting 1 year; (ii) in clause (iii), by inserting or operational before responsibilities; (iii) in clause (vii), by striking or; and (iv) by adding at the end the following: (ix) met any other criteria established by the Secretary; or; and (B) in subparagraph (B), by striking 3-year and inserting 2-year.
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