,i  #aac? ,,congress  #a/ ,session  ,h4 
,r4 #abig  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,m>* #bj1 #bjac ,mr4  
,ow5s 7= himself1 ,mr4 ,c\rtney1 & ,mr4 
,hanna7 introduc$ ! foll[+ bill2 :i* 0  
ref]r$ to ! ,committee on ,agriculture  
,a ,,bill  ,to am5d ! ,consolidat$ ,f>m 
& ,rural ,developm5t ,act to exp&       
eligibility = ,f>m ,s]vice ,ag5cy loans4
  #a4 ,%ort title ,?is ,act may be cit$ 
z ! ,agricultural ,cr$it ,expansion     
,act4  #b4 ,eligibility = f>m loans  7a7
 ,f>m own]%ip loans ,section #cjb7;a7 ( 
! ,consolidat$ ,f>m & ,rural ,developm5t
 ,act 7#g ,u4,s4,c4 #aibb7;a77 is       
am5d$--  7#a7 by /rik+ 7a7 ,9 g5]al4--,!
 & ins]t+ ! foll[+3  7a7 ,9 g5]al  7#a7 
,eligibility requirem5ts ,!  2  7#b7 9 !
 #a/ s5t5ce1 by ins]t+ aft] limit$      
liability companies ! foll[+3 1 & su*   
o!r legal entities z ! ,secret>y deems  
appropriate12  7#c7 9 ! #bnd s5t5ce1 by 
r$esignat+ clauses 7#a7 ?r\gh 7#d7 z    
clauses 7,a7 ?r\gh 7,d71 respectively2  
7#d7 9 ea* ( ! #bnd & #crd s5t5ces1 by  

/rik+ & limit$ liability companies ea*  
place x appe>s & ins]t+ limit$ liability
 companies1 & su* o!r legal entities2 & 
7#e7 by add+ at ! end ! foll[+3  7#b7   
,special deem+ rules  7,a7 ,eligibility 
( c]ta9 op]at+-only entities ,an entity 
t is or w become only ! op]ator ( a     
family f>m is deem$ to meet !           
own]-op]ator requirem5ts ( p>agraph 7#a7
 if ! individuals t are ! own]s ( !     
family f>m own m ?an #ej p]c5t 7or su*  
o!r p]c5tage z ! ,secret>y det]m9es is  
appropriate7 ( ! entity4  7,b7          
,eligibility ( c]ta9 emb$d$ entities ,an
 entity t is an own]-op]ator describ$ 9 
p>agraph 7#a71 or an op]ator describ$ 9 
subp>agraph 7,a7 ( ?is p>agraph t is    
own$1 9 :ole or 9 "p1 by o!r entities1  
is deem$ to meet ! direct own]%ip       
requirem5t impos$ "u p>agraph 7#a7 if at
 lea/ #ge p]c5t ( ! own]%ip int]e/s (   
ea* emb$d$ entity ( su* entity is own$  
directly or indirectly by ! individuals 
t own ! family f>m4  4  7b7 ,cons]vation
 loans ,section #cjd7;c77#a7 ( su* ,act 

7#g ,u4,s4,c4 #aibd7;c77#a77 is am5d$ by
 ins]t+ aft] limit$ liability companies 
! foll[+3 1 or su* o!r legal entities z 
! ,secret>y deems appropriate14  7c7    
,f>m op]at+ loans ,section #caa7;a7 (   
su* ,act 7#g ,u4,s4,c4 #aida7;a77 is    
am5d$--  7#a7 by /rik+ 7a7 ,9 g5]al4--,!
 & ins]t+ ! foll[+3  7a7 ,9 g5]al  7#a7 
,eligibility requirem5ts ,!  2  7#b7 9 !
 #a/ s5t5ce1 by ins]t+ aft] limit$      
liability companies ! foll[+3 1 & su*   
o!r legal entities z ! ,secret>y deems  
appropriate12  7#c7 9 ! #bnd s5t5ce1 by 
r$esignat+ clauses 7#a7 ?r\gh 7#d7 z    
clauses 7,a7 ?r\gh 7,d71 respectively2  
7#d7 9 ea* ( ! #bnd & #crd s5t5ces1 by  
/rik+ & limit$ liability companies ea*  
place x appe>s & ins]t+ limit$ liability
 companies1 & su* o!r legal entities2 & 
7#e7 by add+ at ! end ! foll[+3  7#b7   
,special deem+ rule ,an entity t is an  
op]ator describ$ 9 p>agraph 7#a7 t is   
own$1 9 :ole or 9 "p1 by o!r entities1  
is deem$ to meet ! direct own]%ip       
requirem5t impos$ "u p>agraph 7#a7 if at

 lea/ #ge p]c5t ( ! own]%ip int]e/s (   
ea* emb$d$ entity ( su* entity is own$  
directly or indirectly by ! individuals 
t own ! family f>m4  4  7d7 ,em]g5cy    
loans ,section #cba7;a7 ( su* ,act 7#g  
,u4,s4,c4 #aifa7;a77 is am5d$--  7#a7 by
 /rik+ own]-op]ators 79 ! case ( loans =
 a purpose "u subtitle ,a7 or op]ators  
79 ! case ( loans = a purpose "u        
subtitle ,b7 ea* place x appe>s & ins]t+
 79 ! case ( f>m own]%ip loans 9        
accordance ) subtitle ,a7 own]-op]ators 
or op]ators1 or 79 ! case ( loans = a   
purpose "u subtitle ,b7 op]ators2  7#b7 
by ins]t+ aft] limit$ liability         
companies ! #a/ place x appe>s ! foll[+3
 1 or su* o!r legal entities z !        
,secret>y deems appropriate2  7#c7 by   
ins]t+ aft] limit$ liability companies !
 #bnd place x appe>s ! foll[+3 1 or o!r 
legal entities2  7#d7 by /rik+ & limit$ 
liability companies1 & ins]t+ limit$    
liability companies1 & su* o!r legal    
entities2  7#e7 by /rik+ own]%ip &      
op]ator & ins]t+ own]%ip or op]ator2 &  

7#f7 by add+ at ! end ! foll[+3 ,an     
entity t is an own]-op]ator or op]ator  
describ$ 9 ?is subsection is deem$ to   
meet ! direct own]%ip requirem5t impos$ 
"u ?is subsection if ! entity is own$1 9
 :ole or 9 "p1 by o!r entities & ea*    
individual t is an own] ( ! family f>m  
involv$ has a direct or indirect own]%ip
 int]e/ 9 ea* ( ! o!r entities44  7e7   
,con=m+ am5dm5ts  7#a7 ,section         
#cjd7;c77#b7 ( su* ,act 7#g ,u4,s4,c4   
#aibd7;c77#b77 by /rik+ p>agraphs 7#a7 &
 7#b7 ( section #cjb7;a7 & ins]t+       
subp>agraphs 7,a7 & 7,b7 ( section      
#cjb7;a77#a74  7#b7 ,section #caj;,d (  
su* ,act 7#g ,u4,s4,c4 #aicd7 is am5d$--
  7,a7 by ins]t+ aft] p>tn]%ip ! foll[+3
 1 or su* o!r legal entities z !        
,secret>y deems appropriate12 &  7,b7 by
 ins]t+ aft] p>tn]s ! foll[+3 1 or      
own]s14  7#c7 ,section #cdc7;a77#aa7 (  
su* ,act 7#g ,u4,s4,c4 #aiia7;a77#aa77  
is am5d$--  7,a7 by ins]t+ aft] jo9t    
op]ation1 ! #a/ place x appe>s ! foll[+3
 or su* o!r legal entity z ! ,secret>y  

deems appropriate12  7,b7 by /rik+ or   
jo9t op]ators ea* place x appe>s &      
ins]t+ jo9t op]ators1 or own]s2 &  7,c7 
by ins]t+ aft] jo9t op]ation1 ea* o!r   
place x appe>s ! foll[+3 or su* o!r     
legal entity14  7#d7 ,section           
#cei7;c77#b7 ( su* ,act 7#g ,u4,s4,c4   
#bjjf;a7c77#b77 is am5d$ by /rik+       
section #cjb7;a77#b7 or #caa7;a77#b7 &  
ins]t+ section #cjb7;a77#a77;,b7 or     
#caa7;a77#a77;,b74