Limitations on amount of farm ownership loans
Title V — Credit › Subtitle A — Farm Ownership Loans
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No wording changed between Introduced and Committee version.
How the text changed
Section 305(a)(2) of the Consolidated Farm and Rural Development Act (7 U.S.C. 1925(a)(2)) is amended by striking $600,000, or, in the case of a loan guaranteed by the Secretary, $1,750,000 (increased, beginning with fiscal year 2019 and inserting $850,000, or, in the case of a loan guaranteed by the Secretary, $3,500,000 (increased, beginning with fiscal year 2026.
Section 305(a)(2) of the Consolidated Farm and Rural Development Act (7 U.S.C. 1925(a)(2)) is amended by striking $600,000, or, in the case of a loan guaranteed by the Secretary, $1,750,000 (increased, beginning with fiscal year 2019 and inserting $850,000, or, in the case of a loan guaranteed by the Secretary, $3,500,000 (increased, beginning with fiscal year 2026.
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