S.Amdt. 2237
What it does: 7 changes: replaces text in 2 places, inserts text in 5 places
Sen. Robert P. Casey Jr. (D-PA)What it changes
7 changes to S. 3240 · 1 shown in the bill's text
Change 1: Rewrites page 387, lines 4–6
ReplacesPrinted pageRemoves page 387, lines 4–6 of the printed bill. See that page
Inserted: (2) Exclusions.--In this subsection, the term "direct operating loan
Inserted: "(A) a loan made to a youth under subsection (d); or
Inserted: "(B) a local market loan, as defined by the Secretary.
Original wording
On page 387, strike lines 4 through 6 and insert the following:
Change 2: Inserts “(including a local market loan, as defined by the Secretary)” after “A direct loan”
In S. 3240 · Placed on Calendar Senate
"SEC. 3202. PURPOSES OF LOANS.
"(a) Direct Loans.--A direct loan [inserted: (including a local market loan, as defined by the Secretary) ]may be made under this chapter only--
"(1) to pay the costs incident to reorganizing a farm for more profitable operation;
Original wording
On page 389, line 18, insert “(including a local market loan, as defined by the Secretary)” after “A direct loan”.
Change 3: Replaces “The Secretary” with “Except as provided in paragraph (3), the Secretary”
[struck: The Secretary][inserted: Except as provided in paragraph (3), the Secretary]Original wording
On page 393, line 7, strike “The Secretary” and insert “Except as provided in paragraph (3), the Secretary”.
Change 4: Inserts new text on page 394, between lines 6 and 7
InsertsPrinted pageInserted: (3) Local market loans.--The Secretary shall not make or guarantee a local market loan (as defined by the Secretary) under this title if the local market loan would result in the total principal indebtedness outstanding at any 1 time for a local market loan made under this title to any 1 borrower to exceed $50,000.
Original wording
On page 394, between lines 6 and 7, insert the following:
Change 5: Inserts “(including a local market loan)” after “a direct loan”
…a direct loan[inserted: (including a local market loan)]…
Original wording
On page 395, line 22, insert “(including a local market loan)” after “a direct loan”.
Change 6: Inserts new text on page 488, between lines 13 and 14
InsertsPrinted pageInserted: (3) Local Market Loans.--In the case of a local market loan made or granted under this title, the Secretary shall contract with community-based nongovernmental organizations or other appropriate partners, as determined by the Secretary--
Inserted: (A) to assist borrowers in successfully identifying and meeting local market opportunities;
Inserted: (B) to provide technical assistance to borrowers; and
Inserted: (C) to provide business management and credit counseling services to borrowers.
Original wording
On page 488, between lines 13 and 14, insert the following:
Change 7: Inserts “(including a local market loan, as defined by the Secretary)” before “under section 3201”
…[inserted: (including a local market loan, as defined by the Secretary) ]under section 3201…
Original wording
On page 523, line 9, insert “(including a local market loan, as defined by the Secretary)” before “under section 3201”.
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
SA 2237. Mr. CASEY submitted an amendment intended to be proposed by him to the bill S. 3240, to reauthorize agricultural programs through 2017, and for other purposes; which was ordered to lie on the table; as follows:
On page 387, strike lines 4 through 6 and insert the following:
“(2) Exclusions.--In this subsection, the term “direct operating loan” shall not include--
“(A) a loan made to a youth under subsection (d); or
“(B) a local market loan, as defined by the Secretary.
On page 389, line 18, insert “(including a local market loan, as defined by the Secretary)” after “A direct loan”.
On page 393, line 7, strike “The Secretary” and insert “Except as provided in paragraph (3), the Secretary”.
On page 394, between lines 6 and 7, insert the following:
“(3) Local market loans.--The Secretary shall not make or guarantee a local market loan (as defined by the Secretary) under this title if the local market loan would result in the total principal indebtedness outstanding at any 1 time for a local market loan made under this title to any 1 borrower to exceed $50,000.
On page 395, line 22, insert “(including a local market loan)” after “a direct loan”.
On page 488, between lines 13 and 14, insert the following:
“(3) Local Market Loans.--In the case of a local market loan made or granted under this title, the Secretary shall contract with community-based nongovernmental organizations or other appropriate partners, as determined by the Secretary--
“(A) to assist borrowers in successfully identifying and meeting local market opportunities;
“(B) to provide technical assistance to borrowers; and
“(C) to provide business management and credit counseling services to borrowers.
On page 523, line 9, insert “(including a local market loan, as defined by the Secretary)” before “under section 3201”.
Legislative Activity
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Senate amendment submitted
June 7, 2012