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Fishing Industry Credit Enhancement Act of 2025
To amend the Farm Credit Act of 1971 to support the commercial fishing industry.
Summary
This bill amends the Farm Credit Act of 1971 to expand the Farm Credit system's eligibility requirements. Specifically, it would allow businesses that provide services directly related to commercial fishing operations—such as equipment suppliers, fuel vendors, or maintenance providers—to access Farm Credit loans and financial services. Currently, the Farm Credit system serves agricultural producers and some agricultural service providers, but does not explicitly include fishing industry support businesses. The amendments would grant these fishing-support businesses the same credit access available to other agricultural service providers, extending the Farm Credit system's reach into the commercial fishing sector.
AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.
Sponsor (1)
6 cosponsors
- Rep. Case, Ed [D-HI-1] (D-HI)
- Rep. Gray, Adam [D-CA-13] (D-CA)
- Rep. Harder, Josh [D-CA-9] (D-CA)
- Rep. Higgins, Clay [R-LA-3] (R-LA)
- Rep. McClellan, Jennifer L. [D-VA-4] (D-VA)
- Rep. Tokuda, Jill N. [D-HI-2] (D-HI)
Money behind the sponsor
Top reported contributors to Chellie Pingree’s campaign committee (2024 cycle) — who funds the bill’s sponsor, not a claim about this bill. Data from FEC.
- NULL $31,950
- HIGH TIDE FOUNDATION $6,600
- TISHMAN HOTEL & REALTY $6,600
- COOL EFFECT, INC. $6,600
- HONOR NYC $6,600
Organizations whose employees gave the most — itemized individual contributions grouped by the donor’s reported employer (FEC Schedule A). Full finance for Chellie Pingree → · Outside spending →
Actions (3)
- Apr 18, 2025 Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit. · house
- Mar 31, 2025 Referred to the House Committee on Agriculture. · house
- Mar 31, 2025 Introduced in House
More bills on these subjects (8)
Other bills that carry the most legislative subjects in common with this one (topical discovery — distinct from the procedural related bills above).
Similar bills (6)
Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.
Text versions (1)
Bills are re-published as they move (Introduced → Reported → Engrossed → Enrolled …). Each stage below is a separate text; pick two to see what changed. Data from Congress.gov.
Full text
IN THE HOUSE OF REPRESENTATIVES
March 31, 2025
Ms. Pingree (for herself, Mr. Higgins of Louisiana, Ms. Tokuda, and Mr. Harder of California) introduced the following bill; which was referred to the Committee on Agriculture
A BILL
To amend the Farm Credit Act of 1971 to support the commercial fishing industry.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the “Fishing Industry Credit Enhancement Act of 2025”.
SEC. 2. EXTENSION OF CREDIT TO BUSINESSES PROVIDING SERVICES TO PRODUCERS OR HARVESTERS OF AQUATIC PRODUCTS.
(a) Farm Credit Banks.—
(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.”. <all>
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