S.Amdt. 2296
What it does: Inserts new text on page 389, between lines 16 and 17
Sen. Ron Wyden (D-OR)What it changes
1 change to S. 3240
Inserts new text on page 389, between lines 16 and 17
InsertsPrinted pageInserted: (e) Microloan Program.--
Inserted: (1) In general.--Not later than 180 days after the date of enactment of this subsection, the Secretary shall establish a microloan program within the operating loan program established under this chapter.
Inserted: (2) Loan amount.--Each loan issued under the program shall be in an amount of not less than $500 and not more than $5,000.
Inserted: (3) Eligibility.--
Inserted: (A) Definition of gleaner.--In this paragraph, the term 'gleaner' means an individual or entity that--
Inserted: (i) collects edible, surplus food that would be thrown away and distributes the food to agencies or nonprofit organizations that feed the hungry; or
Inserted: (ii) harvests for free distribution to the needy, or for donation to agencies or nonprofit organizations for ultimate distribution to the needy, an agricultural crop that has been donated by the owner of the crop.
Inserted: (B) Eligibility.--In addition to any other person eligible under the terms and conditions of the operating loan program established under this chapter, gleaners shall be eligible to receive microloans under this subsection.
Inserted: (4) Loan processing.--The Secretary shall process any loan application submitted under the program not later than 30 days after the date on which the application was submitted.
Inserted: (5) Expediting applications.--The Secretary shall take any measure the Secretary determines necessary to expedite any application submitted under the program.
Inserted: (6) Paperwork reduction.--The Secretary shall take measures to reduce any paperwork requirements for loans under the program.
Original wording
On page 389, between lines 16 and 17, insert the following:
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
SA 2296. Mr. WYDEN 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 389, between lines 16 and 17, insert the following:
“(e) Microloan Program.--
“(1) In general.--Not later than 180 days after the date of enactment of this subsection, the Secretary shall establish a microloan program within the operating loan program established under this chapter.
“(2) Loan amount.--Each loan issued under the program shall be in an amount of not less than $500 and not more than $5,000.
“(3) Eligibility.--
“(A) Definition of gleaner.--In this paragraph, the term ‘gleaner' means an individual or entity that--
“(i) collects edible, surplus food that would be thrown away and distributes the food to agencies or nonprofit organizations that feed the hungry; or
“(ii) harvests for free distribution to the needy, or for donation to agencies or nonprofit organizations for ultimate distribution to the needy, an agricultural crop that has been donated by the owner of the crop.
“(B) Eligibility.--In addition to any other person eligible under the terms and conditions of the operating loan program established under this chapter, gleaners shall be eligible to receive microloans under this subsection.
“(4) Loan processing.--The Secretary shall process any loan application submitted under the program not later than 30 days after the date on which the application was submitted.
“(5) Expediting applications.--The Secretary shall take any measure the Secretary determines necessary to expedite any application submitted under the program.
“(6) Paperwork reduction.--The Secretary shall take measures to reduce any paperwork requirements for loans under the program.
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Senate amendment submitted
June 11, 2012