H.R. 293House110th Congress (2007-2009)In Committee

Farmers Markets Infrastructure Assistance Act of 2007

Introduced January 5, 2007

Legislative Activity

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2 earlier actions
HouseCommittee Latest Action

Referred to the Subcommittee on Department Operations, Oversight, Nutrition and Forestry.

February 6, 2007

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HouseIntro Referral

Introduced in House

January 5, 2007

HouseIntro Referral

Referred to the House Committee on Agriculture.

January 5, 2007

HouseCommittee

Referred to the Subcommittee on Department Operations, Oversight, Nutrition and Forestry.

February 6, 2007

Floor Debate

2 members

What members said about H.R. 293 on the floor

1 Republican1 Democrat
Harry Reid
Sen. Harry ReidD-NV · Sep 23, 2008

One of the bills in this package that has been languishing for well over a year--and I think it is shameful that is, in fact, the case--is the Emmett Till Unsolved Civil Rights Crime Act. Emmett Till…

Tom Coburn
Sen. Tom CoburnR-OK · Sep 23, 2008

Reserving the right to object, I have a question for the majority leader. I understood from your statement that this does not have any of the changes we talked about, this is strictly the House-…

Bill Text

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Introduced in HouseIssued January 5, 2007

I

110th CONGRESS

1st Session

H. R. 293

IN THE HOUSE OF REPRESENTATIVES

January 5, 2007

Ms. Kaptur (for herself, Mr. Blumenauer, Mr. Boswell, Mr. Farr, Mrs. Jones of Ohio, Mr. Kind, Mr. Kucinich, Mr. Marshall, Ms. McCollum of Minnesota, Mr. Moran of Virginia, Ms. Slaughter, Ms. Woolsey, and Mr. Conyers) introduced the following bill; which was referred to the Committee on Agriculture

A BILL

To authorize the Secretary of Agriculture to provide financial assistance for the construction, improvement, and rehabilitation of farmers markets.

1.

Short title

This Act may be cited as the Farmers Markets Infrastructure Assistance Act of 2007.

2.

Infrastructure funding for farmers markets

(a)

In general

In addition to exercising authority to make loans and loan guarantees under other law, the Secretary shall make loans, loan guarantees, and grants to public agencies and nonprofit organizations for the construction of new farmers markets, or the improvement or rehabilitation of existing farmers markets.

(b)

Eligibility

To be eligible to receive a loan, loan guarantee, or grant under subsection (a) with respect to a farmers market the public agency or nonprofit organization involved shall—

(1)

demonstrate financial need as determined by the Secretary; and

(2)

commit to reserving at least 50 percent of the floor area of the farmers market for the sale of products that are produced locally, as determined by the Secretary, by farmers, ranchers, or aquaculture, mariculture, or fisheries operators, or by associations of farmers, ranchers, or such operators.

(c)

Cost sharing

(1)

Grants

The amount of a grant shall not exceed 25 percent of the cost of the activity funded under subsection (a).

(2)

Maximum amount of combined grant and loan

The combined amount of a grant and loan made or guaranteed shall not exceed 80 percent of the cost of the activity funded under subsection (a).

(d)

Interest rate

(1)

In general

A loan made by the Secretary under subsection (a) shall bear interest at the rate equivalent to the rate of interest charged on Treasury securities of comparable maturity on the date the loan is approved.

(2)

Duration

The interest rate for each loan will remain in effect for the term of the loan.

(e)

Funding

Of the funds of the Commodity Credit Corporation, the Secretary shall make available to carry out this section $50,000,000 for each of fiscal years 2007 through 2012.

(f)

Effective date

This Act shall take effect 60 days after the date of the enactment of this Act.