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Fishing Industry Credit Enhancement Act of 2025

In committee: it can still change before the session ends.

US HR 2518 · House Bill · 119th Congress

Draft a letter
Stage
In committee
Started in
House
Sponsors
7
Latest action
Apr 18, 2025

What it does

The Fishing Industry Credit Enhancement Act of 2025 would amend the Farm Credit Act of 1971 to extend credit and financial services to businesses that provide services directly related to the operating needs of producers or harvesters of aquatic products, such as commercial fishing operations. This change would allow Farm Credit Banks and Production Credit Associations to offer loans and financial support to suppliers, processors, equipment providers, and other service businesses that support the fishing industry. The bill aims to improve access to credit for entities that enable fishing operations but were previously ineligible under the Farm Credit Act. By expanding eligibility, the…

No official summary is available here. This one was written by AI from the bill’s text.

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Where it stands

  1. Introduced (Done)

    Mar 31, 2025

  2. Committee (Current step)

    In committee · Apr 18, 2025

  3. Floor (Not started)

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

Where it goes next

While a bill can still move, the questions are about people and money.

Work with this bill

Fishing Industry Credit Enhancement Act of 2025 | 52