Fishing Industry Credit Enhancement Act of 2025
S. 1217119th Congress

Fishing Industry Credit Enhancement Act of 2025

Introduced in the SenateSen. Angus King (I-ME)12 sections · 1 min read
Version: is · Apr 20, 2026

Section 1. Short title

This Act may be cited as the Fishing Industry Credit Enhancement Act of 2025.

(1) Eligibility for credit and financial services

Section 1.9 of the Farm Credit Act of 1971 (12 U.S.C. 2017) is amended—

(A) in paragraph (2), by striking or at the end;

(B) by redesignating paragraph (3) as paragraph (4); and

(C) by inserting after paragraph (2) the following:

(3) persons furnishing to producers or harvesters of aquatic products services directly related to their operating needs; or

(2) Purposes for extensions of credit

Section 1.11(c)(1) of the Farm Credit Act of 1971 (12 U.S.C. 2019(c)(1)) is amended by inserting and to persons furnishing services directly related to the operating needs of producers or harvesters of aquatic products after needs.

(b) Production credit associations

Section 2.4(a) of the Farm Credit Act of 1971 (12 U.S.C. 2075(a)) is amended—

(1) in paragraph (2), by striking and at the end;

(2) in paragraph (3), by striking the period at the end and inserting; and; and

(3) by adding at the end the following:

(4) persons furnishing to producers or harvesters of aquatic products services directly related to their operating needs.

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