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Financial Support for Fishing Industry Service Providers

This act expands access to credit for businesses that provide services to producers and harvesters of aquatic products. This means more companies involved in the fishing industry will find it easier to get funding, potentially contributing to the stability and growth of this sector.
Key points
Businesses providing services to fishers and aquatic product harvesters will gain access to farm credit bank loans.
The changes aim to support the operational needs and development of the commercial fishing industry.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_S_1217
Sponsor: Sen. King, Angus S., Jr. [I-ME]
Process start date: 2025-03-31
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Summarized by: gemini-2.5-flash
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Fishing Industry Credit Enhancement Act of 2025

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_S_1217.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2025-03-31.

What are the main provisions?

Key points include:

  • Businesses providing services to fishers and aquatic product harvesters will gain access to farm credit bank loans.
  • The changes aim to support the operational needs and development of the commercial fishing industry.
What is the specific legal status?

The current status is Introduced.

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 Sen. King, Angus S., Jr. [I-ME].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

CATEGORIES

Agriculture Economy