Producer and Agricultural Credit Enhancement Act of 2025

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 1991 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 1991 To amend the Consolidated Farm and Rural Development Act to modify limitations on amounts of farm ownership loans and operating loans, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES March 10, 2025 Mr. Finstad (for himself and Ms. Craig) introduced the following bill; which was referred to the Committee on Agriculture _______________________________________________________________________ A BILL To amend the Consolidated Farm and Rural Development Act to modify limitations on amounts of farm ownership loans and operating loans, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Producer and Agricultural Credit Enhancement Act of 2025''. SEC. 2. LIMITATIONS ON LOAN AMOUNTS. (a) Limitations on Amount of Farm Ownership Loans.--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 2025''. (b) Limitations on Amount of Operating Loans.--Section 313(a)(1) of the Consolidated Farm and Rural Development Act (7 U.S.C. 1943(a)(1)) is amended by striking ``$400,000, or, in the case of a loan guaranteed by the Secretary, $1,750,000 (increased, beginning with fiscal year 2019'' and inserting ``$750,000, or, in the case of a loan guaranteed by the Secretary, $3,000,000 (increased, beginning with fiscal year 2025''. SEC. 3. INFLATION PERCENTAGE. Section 305(c) of the Consolidated Farm and Rural De