Legis Daily

Fishing Industry Credit Enhancement Act of 2025

USA119th CongressS-1217| Senate 
| Updated: 3/31/2025
Angus S. King

Angus S. King

Independent Senator

Maine

Cosponsors (7)
Dan Sullivan (Republican)Cindy Hyde-Smith (Republican)Lisa Blunt Rochester (Democratic)Christopher A. Coons (Democratic)Christopher Murphy (Democratic)Susan M. Collins (Republican)Lisa Murkowski (Republican)

Agriculture, Nutrition, and Forestry Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
This bill, titled the Fishing Industry Credit Enhancement Act of 2025, amends the Farm Credit Act of 1971 to expand financial support for the commercial fishing industry. It specifically extends eligibility for credit and financial services from Farm Credit Banks and Production Credit Associations. The key provision allows persons furnishing services directly related to the operating needs of producers or harvesters of aquatic products to access these credit facilities. This change aims to provide crucial financial assistance to businesses that support the commercial fishing sector, thereby strengthening the industry's overall economic stability and operational capacity.
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Timeline

Bill from Previous Congress

S 118-1756
Fishing Industry Credit Enhancement Act of 2023
Mar 31, 2025
Introduced in Senate
Mar 31, 2025
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Apr 18, 2025

Latest Companion Bill Action

HR 119-2518
Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.
  • Bill from Previous Congress

    S 118-1756
    Fishing Industry Credit Enhancement Act of 2023


  • March 31, 2025
    Introduced in Senate


  • March 31, 2025
    Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.


  • April 18, 2025

    Latest Companion Bill Action

    HR 119-2518
    Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.

Public Lands and Natural Resources

Related Bills

  • HR 119-2518: Fishing Industry Credit Enhancement Act of 2025

Fishing Industry Credit Enhancement Act of 2025

USA119th CongressS-1217| Senate 
| Updated: 3/31/2025
This bill, titled the Fishing Industry Credit Enhancement Act of 2025, amends the Farm Credit Act of 1971 to expand financial support for the commercial fishing industry. It specifically extends eligibility for credit and financial services from Farm Credit Banks and Production Credit Associations. The key provision allows persons furnishing services directly related to the operating needs of producers or harvesters of aquatic products to access these credit facilities. This change aims to provide crucial financial assistance to businesses that support the commercial fishing sector, thereby strengthening the industry's overall economic stability and operational capacity.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

S 118-1756
Fishing Industry Credit Enhancement Act of 2023
Mar 31, 2025
Introduced in Senate
Mar 31, 2025
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Apr 18, 2025

Latest Companion Bill Action

HR 119-2518
Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.
  • Bill from Previous Congress

    S 118-1756
    Fishing Industry Credit Enhancement Act of 2023


  • March 31, 2025
    Introduced in Senate


  • March 31, 2025
    Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.


  • April 18, 2025

    Latest Companion Bill Action

    HR 119-2518
    Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.
Angus S. King

Angus S. King

Independent Senator

Maine

Cosponsors (7)
Dan Sullivan (Republican)Cindy Hyde-Smith (Republican)Lisa Blunt Rochester (Democratic)Christopher A. Coons (Democratic)Christopher Murphy (Democratic)Susan M. Collins (Republican)Lisa Murkowski (Republican)

Agriculture, Nutrition, and Forestry Committee

Public Lands and Natural Resources

Related Bills

  • HR 119-2518: Fishing Industry Credit Enhancement Act of 2025
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted