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Code · BILL · 119th Congress · S. 1968 (Introduced in Senate) — To support rural coastal and maritime economic development, and for other purposes. · Sec. 201

Sec. 201. Department of Agriculture loans and grants for fishing and mariculture businesses

565 words·~3 min read·/bill/119/s/1968/is/section-201

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Section 343(a) of the Consolidated Farm and Rural Development Act ( 7 U.S.C. 1991(a) ) is amended— in paragraph (1), by striking farming. and inserting farming, commercial fishing, or fish processing. ; in paragraph (2), by striking farming. and inserting farming, commercial fishing, and fish processing. ; and by adding at the end the following: The term commercial fishing means fishing (as defined in section 3 of the Magnuson-Stevens Fishery Conservation and Management Act ( 16 U.S.C. 1802 )) in which the fish harvested, either in whole or in part, are intended to enter commerce or enter commerce through sale, barter, or trade.
The term commercial fishing vessel means a fishing vessel and a fish processing vessel (as those terms are defined in section 2101 of title 46, United States Code). The term fish has the meaning given the term in section 2101 of title 46, United States Code. The term fish processing means the processing of fish for commercial use or consumption. The term fish processing facility means a facility or vessel, boat, ship, or other craft used or equipped for fish processing. . Section 302(a) of the Consolidated Farm and Rural Development Act ( 7 U.S.C. 1922(a) ) is amended by adding at the end the following:
For purposes of direct and guaranteed farm loans under this subtitle— the terms farmer and rancher shall include an individual or entity engaged in commercial fishing or fish processing; and the terms farm and ranch shall include— a commercial fishing vessel; and a fish processing facility. . Section 303(a) of the Consolidated Farm and Rural Development Act ( 7 U.S.C. 1923(a) ) is amended by adding at the end the following: An individual or entity engaged in commercial fishing may use a direct or guaranteed loan under this subtitle for— acquiring a commercial fishing permit; and acquiring, operating, and maintaining a commercial fishing vessel.
An individual or entity engaged in fish processing may use a direct or guaranteed loan under this subtitle for acquiring, operating, and maintaining a fish processing facility. . Section 311(a) of the Consolidated Farm and Rural Development Act ( 7 U.S.C. 1941(a) ) is amended by adding at the end the following: For purposes of direct and guaranteed farm loans under this subtitle— the terms farmer and rancher shall include an individual or entity engaged in commercial fishing or fish processing; and the terms farm and ranch shall include— a commercial fishing vessel; and a fish processing facility. .
Section 312 of the Consolidated Farm and Rural Development Act ( 7 U.S.C. 1942 ) is amended by adding at the end the following: An individual or entity engaged in commercial fishing may use a direct or guaranteed loan under this subtitle for acquiring, operating, and maintaining a commercial fishing vessel. An individual or entity engaged in fish processing may use a direct or guaranteed loan under this subtitle for acquiring, operating, and maintaining a fish processing facility. .
Section 210A(d)(6) of the Agricultural Marketing Act of 1946 ( 7 U.S.C. 1627c(d)(6) ) is amended by adding at the end the following: For purposes of this paragraph— an agricultural commodity or product described in subsection (a)(12) shall include fish (as defined in section 2101 of title 46, United States Code) that is caught, taken, or harvested from the wild; and the eligible activities described in paragraph
(2)shall include domestic seafood marketing. .
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