National Ag News
Bill to increase FSA loan cap expected
Mar 12, 2018, 13:42 PM
by
Ann Gregson
New legislation is expected to be introduced in the U.S. Senate to ensure the USDA Farm Service Agency can fulfill its commitments to already approved loan applications.
Introduced by Michigan Senator Gary Peters and David Perdue of Georgia, The Farm Service Agency Loan Flexibility Act would allow USDA to make loans up to 25 percent above the loan cap set in annual appropriations and allow FSA to use stopgap funding from the Commodity Credit Corporation.
Continue reading Bill to increase FSA loan cap expected at Brownfield Ag News.
