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Financial Support for Fishing Industry Service Providers

This act expands access to credit and financial services for businesses that provide services to producers and harvesters of aquatic products. This means companies supporting the fishing industry, such as equipment suppliers or service providers, will have easier access to financing, potentially contributing to the stability and growth of this sector.
Key points
Businesses serving the fishing industry will gain access to farm credit bank loans.
Easier access to financing for service providers to fishers.
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Expired
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Additional Information
Print number: 118_HR_4940
Sponsor: Rep. Pingree, Chellie [D-ME-1]
Process start date: 2023-07-26
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Fishing Industry Credit Enhancement Act of 2023

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_4940.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2023-07-26.

What are the main provisions?

Key points include:

  • Businesses serving the fishing industry will gain access to farm credit bank loans.
  • Easier access to financing for service providers to fishers.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Pingree, Chellie [D-ME-1].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

CATEGORIES

Agriculture Economy