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Code · BILL · 115th Congress · H.R. 4316 (Introduced in House) — To provide for the reform and continuation of the beginning farmer and rancher program, and for other purposes. · Sec. 202

Sec. 202. Cooperative agreements

179 words·~1 min read·/bill/115/hr/4316/ih/section-202

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Section 313(c) of the Consolidated Farm and Rural Development Act ( 7 U.S.C. 1943(c) ) is amended— in paragraph (2), by striking title and inserting subtitle ; and in paragraph (4)— in the paragraph heading, by striking and inserting lending pilot projects ; agreements by striking subparagraphs
(A)through
(C)and inserting the following: Subject to subparagraph (B), during each of the 2018 through 2023 fiscal years, the Secretary may enter into cooperative agreements with community development financial institutions and nonprofit organizations, as the Secretary determines appropriate, to provide business, financial, marketing, and credit management services and technical assistance to microloan borrowers. To be eligible for a cooperative agreement under subparagraph (A), an institution described in subparagraph
(A)shall, as determined by the Secretary— have a proven track record of successfully assisting agricultural borrowers; and have the services of a staff with appropriate expertise in business, financial, marketing, credit management services, and technical assistance. ; in subparagraph (D)— by striking
(D)and inserting
(C); and by striking loan and inserting cooperative agreement ; and by striking subparagraph (E).
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Sec. 202
Cooperative agreements
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