,,ii #aac? ,,congress #a/ ,session ,s4 #fgh ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,april #i1 #bjac ,mr4 ,casey 7= himself & ,mr4 ,h>k97 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,agriculture1 ,nutrition1 & ,=e/ry ,a ,,bill ,to am5d ! ,food1 ,cons]vation1 & ,en]gy ,act ( #bjjh to e/abli% a program to provide loans = local f>ms1 ran*es1 & m>ket g>d5s to improve public heal? & nutrition1 r$uce en]gy consumption1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,gr[+ ,opportunities = ,agriculture & ,respond+ to ,m>kets ,act ( #bjac4 #b4 ,local f>m bus9ess & m>ket g>d5 competitive loan program ,subtitle ,d ( title ,x ( ! ,food1 ,cons]vation1 & ,en]gy ,act ( #bjjh is am5d$ by add+ aft] section #ajdjd 7,public ,law #aaj-bdf2 #abb ,/at4 #baaa7 ! foll[+3 #ajdje4 ,local f>m bus9ess & m>ket g>d5 competitive loan program 7a7 ,def9itions ,9 ?is section3 7#a7 ,agricultural commodity ,! t]m agricultural commodity has ! mean+ giv5 ! t]m 9 section #ajb ( ! ,agricultural ,trade ,act ( #aigh 7#g ,u4,s4,c4 #efjb74 7#b7 ,eligible l5d+ entity ,! t]m eligible l5d+ entity means a gov]nm5t ag5cy1 nonpr(it organization1 or any o!r entity t ! ,secret>y designates to f9ance & facilitate ! developm5t ( a local f>m bus9ess project or m>ket g>d5 project4 7#c7 ,eligible produc] ,! t]m eligible produc] means an individual or gr\p ( individuals :o c>ry out a local f>m bus9ess project or m>ket g>d5 project4 7#d7 ,food des]t ,! t]m food des]t has ! mean+ giv5 ! t]m 9 section #gebg7;a74 7#e7 ,local f>m bus9ess project ,! t]m local f>m bus9ess project means a project on a f>m or ran* t-- 7,a7 is = ! production ( an agricultural commodity = local m>kets 9 ! local s]vice area2 & 7,b7 is locat$ on #a or m prop]ty lots1 ! cumulative acreage ( :i* %all be m ?an #a acre4 7#f7 ,local s]vice area ,! t]m local s]vice area means an area consi/+ ( a c]ta9 mile radius 7z det]m9$ by ! ,secret>y7 f ! physical location ( production by an eligible local f>m bus9ess or m>ket g>d5 project4 7#g7 ,m>ket g>d5 project ,! t]m m>ket g>d5 project means a project t-- 7,a7 is = ! production ( an agricultural commodity = local m>kets 9 ! local s]vice area2 & 7,b7 is locat$ on #a or m prop]ty lots 7reg>dless ( ! population d5sity ( ! area 9 :i* ! prop]ty lots are locat$71 ! cumulative acreage ( :i* %all be m ?an acre4 7#h7 ,revolv+ loan fund ,! t]m revolv+ loan fund means a revolv+ loan fund e/abli%$ by an eligible l5d+ entity z describ$ 9 subsection 7c74 7#i7 ,socially disadvantag$ f>m] or ran*] ,! t]m socially disadvantag$ f>m] or ran*] has ! mean+ giv5 ! t]m 9 section #cee7;e7 ( ! ,consolidat$ ,f>m & ,rural ,developm5t ,act 7#g ,u4,s4,c4 #bjjc7;e774 7#aj7 ,specialty crop ,! t]m specialty crop has ! mean+ giv5 ! t]m 9 section #c ( ! ,specialty ,crops ,competitiv5ess ,act ( #bjjd 7#g ,u4,s4,c4 #afba note2 ,public ,law #ajh-dfe74 7#aa7 ,su/a9able agriculture ,! t]m su/a9able agriculture has ! mean+ giv5 ! t]m 9 section #adjd ( ! ,national ,agricultural ,rese>*1 ,ext5sion1 & ,tea*+ ,policy ,act ( #aigg 7#g ,u4,s4,c4 #cajc74 7b7 ,competitive loan program = eligible l5d+ entities 7#a7 ,9 g5]al ,to support new entrepr5eur%ip & job creation1 ! ,secret>y %all e/abli% a local f>m bus9ess & m>ket g>d5 competitive loan program "u :i* ! ,secret>y %all make available to eligible l5d+ entities loans to develop revolv+ loan funds to assi/-- 7,a7 eligible produc]s 9 e/abli%+ local f>m bus9ess projects or m>ket g>d5 projects t w locally produce fre% foods2 & 7,b7 local f>m bus9ess projects & m>ket g>d5 projects to create local employm5t opportunities by-- 7i7 increas+ f>m & g>d5 income by connect+ produc]s & consum]s2 7ii7 creat+ m reliable local food sy/ems2 7iii7 div]sify+ food production2 7iv7 increas+ consum] access to fre%1 local heal?ful foods produc$ by local f>ms1 ran*es1 & m>ket g>d5s 9 urban1 suburban1 or rural areas2 7v7 support+ nutrition education t incorporates p>ticipation ( s*ool *ildr5 9 f>m- & g>d5-bas$ agricultural education activities2 & 7vi7 pres]v+ f>ml&4 7#b7 ,eligibility ,to be eligible to receive a loan "u ! program e/abli%$ "u p>agraph 7#a71 an eligible l5d+ entity %all submit to ! ,secret>y an application at su* "t1 9 su* =m1 & conta9+ su* in=mation z ! ,secret>y may require4 7#c7 ,selection crit]ia 7,a7 ,approval ,n lat] ?an #a ye> aft] ! date ( enactm5t ( ?is section & 9 accordance ) ?is p>agraph1 ! ,secret>y %all1 on a competitive basis1 beg9 assess+ & approv+ su* applications receiv$ "u p>agraph 7#b7 z ! ,secret>y consid]s appropriate4 7,b7 ,crit]ia ,9 consid]+ a loan application receiv$ "u p>agraph 7#b71 ! ,secret>y %all-- 7i7 evaluate ! ext5t to :i* ! application demon/rates ! ability ( ! eligible l5d+ entity-- 7,i7 to manage1 m>ket1 & adm9i/] a revolv+ loan fund2 7,,ii7 to assi/ local eligible produc]s to successfully meet local s]vice area opportunities2 7,,iii7 to "w ) p>tn]s to provide te*nical support to eligible local f>m bus9ess projects & m>ket g>d5 projects2 7,,iv7 to recruit1 educate1 & assi/ local produc]s to advance local f>m+ & ran*+ opportunities t meet local s]vice area ne$s2 & 7,v7 subject to p>agraph 7#e71 to provide mat*+ funds 9 ! =m ( ca% or 9-k9d s]vices to prop]ly implem5t & manage ! revolv+ loan fund2 7ii7 assess-- 7,i7 ! numb] & type ( local f>m bus9ess projects & m>ket g>d5 projects to be affect$ by local f>m bus9ess project loan fund+2 7,,ii7 ! numb] ( new jobs & eligible local f>m bus9ess projects & m>ket g>d5 projects to be creat$ by ! revolv+ loan fund2 7,,iii7 ! ability ( an eligible local f>m bus9ess project or m>ket g>d5 project-- 7aa7 to pres]ve f>ml& ?r\gh economically & environm5tally su/a9able agriculture practices 7z det]m9$ by ! ,secret>y72 & 7bb7 to s]ve s*ools & in/itutions ) a high proportion ( /ud5ts :o are eligible = free or r$uc$ price lun*es "u ! ,ri*>d ,b4 ,russell ,national ,s*ool ,lun* ,act 7#db ,u4,s4,c4 #agea et seq472 7,,iv7 ! degree to :i* an eligible local f>m bus9ess project or m>ket g>d5 project-- 7aa7 incorporates exp]i5tial nutrition education2 7bb7 demon/rates ! pot5tial positive economic impact = ! local economy2 7cc7 demon/rates environm5tally su/a9able agriculture practices2 & 7dd7 demon/rates a collaboration betwe5 s*ools or educational in/itutions1 nongov]nm5tal organizations1 produc] gr\ps1 & o!r community & bus9ess p>tn]s2 & 7,v7 ! m>ket opportunity = eligible local f>m bus9ess projects or m>ket g>d5 projects to sell products 9 ! local community2 & 7iii7 consid] any o!r factors t ! ,secret>y det]m9es to be appropriate4 7,c7 ,regional balance ,to ! maximum ext5t practicable1 9 aw>d+ loans "u ?is section1 ! ,secret>y %all ensure t loan recipi5ts-- 7i7 are geographically div]se2 7ii7 s]ve cli5ts t>get$ by ! loan program1 includ+ socially disadvantag$ f>m]s or ran*]s2 7iii7 s]ve cli5ts locat$ 9 areas ) a v>iety ( population d5sities1 includ+ rural1 suburban1 urban1 & tribal areas2 & 7iv7 id5tify & s]ve food des]ts )9 ! local s]vice area4 7,d7 ,priority 7i7 ,9 g5]al ,9 consid]+ loan applications receiv$ "u p>agraph 7#b71 ! ,secret>y %all give priority to applications t demon/rate ! ability & will+ness ( ! eligible l5d+ entity-- 7,i7 to s]ve cli5ts t>get$ by ! program1 includ+1 z appropriate1 socially disadvantag$ f>m]s or ran*]s2 7,,ii7 to assi/ ) ! f9ancial managem5t aspects ( specialty crop f>m+ & o!r types ( local agricultural projects2 & 7,,iii7 to address ! nutritional ne$s ( an und]s]v$ area1 z det]m9$ 9 accordance ) clause 7ii74 7ii7 ,und]s]v$ areas ,9 det]m9+ :e!r an area is an und]s]v$ area1 ! ,secret>y %all consid]-- 7,i7 population d5sity2 7,,ii7 bel[-av]age sup]m>ket d5sity or sales2 7,,iii7 ! rate ( own]%ip ( motor vehicles2 & 7,,iv7 geographical or physical b>ri]s1 su* z highways1 m\nta9s1 major p>ks1 or bodies ( wat]4 7#d7 ,loan t]ms = eligible l5d+ entities 7,a7 ,9 g5]al ,= ea* fiscal ye> = :i* ! ,secret>y makes a loan to an eligible l5d+ entity "u ?is subsection1 ! loan %all-- 7i7 be 9 an am\nt t is n less ?an #bjj1jjj & n m ?an #a1jjj1jjj2 & 7ii7 be us$ by ! eligible l5d+ entity to e/abli% a revolv+ loan fund to provide loans = local f>m bus9ess projects or m>ket g>d5 projects4 7,b7 ,t]m ,! t]m ( a loan "u ?is subsection %all n exce$ #bj ye>s f ! date on :i* ! loan is f9aliz$4 7,c7 ,loan f9anc+ t]ms ,9 mak+ loans to eligible l5d+ entities "u ?is subsection1 ! ,secret>y %all-- 7i7 set ! rate ( int]e/ at n m ?an #b p]c5t p] ye>2 & 7ii7 ensure t no paym5ts are due on ! loan dur+ ! fir/ #b ye>s ( ! loan4 7#e7 ,mat*+ funds ,! ,secret>y may n require an eligible l5d+ entity t receives a loan "u ?is subsection to provide1 f non-,f$]al s\rces1 9 ca% or 9-k9d1 ! co/ ( c>ry+ out activities "u ! loan4 7#f7 ,adm9i/rative exp5ses 7,a7 ,9 g5]al ,ea* eligible l5d+ entity t receives a loan "u ?is subsection %all be eligible additionally to receive a #a-"t grant = purposes describ$ 9 subp>agraph 7,b7 9 an am\nt t is n m ?an ! less] (-- 7i7 #aj p]c5t ( ! total am\nt ( ! loan receiv$ by ! eligible l5d+ entity2 or 7ii7 #ej1jjj4 7,b7 ,use ( grant funds ,grant funds receiv$ "u subp>agraph 7,a7 may be us$ by ! eligible l5d+ entity only to pay managem5t & te*nical support co/s associat$ ) ! loan4 7,c7 ,int]e/ rate ,if an eligible l5d+ entity receives a grant "u subp>agraph 7,a71 ! eligible l5d+ entity may n set ! int]e/ rate ( loans made by ! eligible l5d+ entity to local f>m bus9ess projects or m>ket g>d5 projects at m ?an #c p]c5t p] ye>4 7#g7 ,progress reports 7,a7 ,9 g5]al ,n lat] ?an #ij days aft] ! la/ day ( ea* fiscal ye>1 ea* eligible l5d+ entity t has a loan "u ?is subsection %all submit to ! ,secret>y a report t includes-- 7i7 an evaluation ( ! progress ( ! revolv+ loan fund c>ri$ out by ! eligible l5d+ entity2 7ii7 a description ( ! revolv+ loan fund1 includ+ in=mation on all loans made to local f>m bus9ess projects or m>ket g>d5 projects2 7iii7 a /atus update = ! local f>m bus9ess projects & m>ket g>d5 projects fund$ by ! revolv+ loan fund t describes-- 7,i7 ! am\nt ( food produc$2 7,,ii7 ! am\nt ( rev5ue g5]at$2 & 7,,iii7 ! numb] ( new & reta9$ jobs2 & 7iv7 su* o!r in=mation z ! ,secret>y may require4 7,b7 ,reports by ! ,secret>y ,n lat] ?an #c ye>s aft] ! date ( enactm5t ( ?is section1 ! ,secret>y %all submit to ! ,committee on ,agriculture ( ! ,h\se ( ,repres5tatives & ! ,committee on ,agriculture1 ,nutrition1 & ,=e/ry ( ! ,s5ate a report t describes ! results & f9d+s ( ! loan program c>ri$ out "u ?is subsection4 7#h7 ,annual review ,! ,secret>y %all conduct an annual review ( ! f9ancial records ( ea* eligible l5d+ entity t receives fund+ "u ?is subsection-- 7,a7 to assess ! f9ancial s\ndness ( ! eligible l5d+ entity2 & 7,b7 to det]m9e ! effective use ( loan & grant funds made available to ! eligible l5d+ entity "u ?is subsection4 7c7 ,revolv+ loan fund 7#a7 ,e/abli%m5t & purpose ,ea* eligible l5d+ entity t receives a loan "u subsection 7b7 %all use ! funds to e/abli% a revolv+ loan fund to provide loans to eligible produc]s 9 ! local s]vice area4 7#b7 ,eligible activities ,loans made by an eligible l5d+ entity "u ?is subsection %all be us$ by ! eligible produc] to c>ry out eligible activities 9 ! local s]vice area1 includ+-- 7,a7 to c>ry out production projects = value-add$ food products2 7,b7 to provide work+ capital = g5]al op]ational co/s ( ! local f>m bus9ess project or m>ket g>d5 project2 7,c7 to pur*ase project-relat$ equipm5t2 7,d7 to pur*ase se$s1 plants1 & fruit or nut trees2 7,e7 to pur*ase live/ock1 p\ltry1 & bre$+ /ock2 7,f7 to con/ruct & ma9ta9 irrigation sy/ems2 7,g7 to con/ruct build+s 7includ+ b>ns1 %$s1 gre5h\ses1 & dry & cold /orage %$s7 necess>y to support production2 7,h7 to lease1 lease to pur*ase1 or directly pur*ase f>ml& or make a d[n paym5t on an accept$ pur*ase (f] = f>ml&2 or 7,i7 to c>ry out any o!r activity t ! ,secret>y det]m9es to be 9 accordance ) ?is section4 7#c7 ,loan conditions 7,a7 ,9 g5]al ,to be eligible to receive a loan "u ?is section f an eligible l5d+ entity1 an eligible produc] %all-- 7i7 supply a m9imum level ( support ( ! co/ ( ! local f>m bus9ess project1 m>ket g>d5 project1 or in/itution co/s1 z det]m9$ by ! ,secret>y2 & 7ii7 submit to ! eligible l5d+ entity-- 7,i7 docum5tation (1 z appropriate-- 7aa7 a long-t]m l& lease contract grant+ ! "r to p]=m local production agriculture2 7bb7 a build+ lease2 or 7cc7 a de$ ( prop]ty own]%ip2 & 7,,ii7 a cons]vation plan & a s\nd bus9ess plan t is likely to result 9 a pr(itable bus9ess ) su/a9able employm5t = ! eligible produc] & any employees4 7,b7 ,secret>ial approval2 gu>antee 7i7 ,approval ,be=e an eligible l5d+ entity may make a loan or package ( loans to an eligible produc] "u ?is section1 ! ,secret>y %all approve ! loan or package ( loans 9 accordance ) ! requirem5ts ( ?is section4 7ii7 ,loan gu>antee ,! ,secret>y %all gu>antee n m ?an #he p]c5t ( ! pr9cipal & int]e/ on ea* loan approv$ "u clause 7i74 7#d7 ,priority ,9 mak+ loans "u ?is subsection1 ! eligible l5d+ entity %all give priority to eligible produc]s t are op]at$ by1 or t support-- 7,a7 qualifi$ beg9n+ f>m]s or ran*]s 7z def9$ 9 section #cdc7;a7 ( ! ,consolidat$ ,f>m & ,rural ,developm5t ,act 7#g ,u4,s4,c4 #aiia7;a777 & socially disadvantag$ f>m]s or ran*]s2 7,b7 exi/+ eligible produc]s1 :e!r own]s or t5ants1 :o use loan funds to conv]t to agricultural production sy/ems approv$ by ! ,secret>y2 7,c7 eligible produc]s :o use loan funds to build cons]vation /ructures or c>ry out cons]vation practices2 7,d7 eligible produc]s :o w supply fre% & locally produc$ food to und]s]v$ communities2 & 7,e7 exi/+ eligible produc]s ( agriculture commodities :o want to div]sify f>m1 ran*1 or m>ket g>d5 production & income4 7#e7 ,loan t]ms = eligible produc]s 7,a7 ,9 g5]al ,a loan made by an eligible l5d+ entity to an eligible produc] "u ?is subsection %all be 9 an am\nt t is-- 7i7 9 ! case ( a local f>m bus9ess project1 n less ?an #e1jjj & n m ?an #ajj1jjj2 & 7ii7 9 ! case ( a m>ket g>d5 project1 n less ?an #c1jjj & n m ?an #ej1jjj4 7,b7 ,t]m ,! t]m ( a loan "u ?is subsection %all n exce$-- 7i7 9 ! case ( a loan 9 an am\nt t is n m ?an #ce1jjj1 #ab ye>s f ! date on :i* ! loan is f9aliz$2 & 7ii7 9 ! case ( all o!r loans1 #bj ye>s f ! date on :i* ! loan is f9aliz$4 7,c7 ,loan f9anc+ t]ms ,9 mak+ loans "u ?is subsection1 an eligible l5d+ entity %all-- 7i7 set ! rate ( int]e/ at n m ?an #c p]c5t p] ye>2 7ii7 ensure t no paym5ts are due on ! loan dur+ ! fir/ #i mon?s ( ! loan2 & 7iii7 ensure t only int]e/ is due on ! loan dur+ ! p]iod beg9n+ on ! la/ day ( ! p]iod describ$ 9 clause 7ii7 & end+ #bd mon?s aft] ! issuance ( ! loan4 7,d7 ,loan =giv5ess ,if an eligible produc] has receiv$ a loan "u ?is section to c>ry out a local f>m bus9ess project or m>ket g>d5 project1 & aft] #c ye>s ! ,secret>y det]m9es t ! project is successful1 ! ,secret>y may (f] to =give-- 7i7 up to #aj p]c5t ( ! out/&+ am\nt ( ! loan2 & 7ii7 9 ! case ( an eligible produc] support+ su/a9able agriculture practices1 up to #bj p]c5t ( ! out/&+ am\nt ( ! loan4 7d7 ,au?orization ( appropriations ,!re are au?oriz$ to be appropriat$ to ! ,secret>y = ea* ( fiscal ye>s #bjad ?r\gh #bjbd-- 7#a7 #bj1jjj1jjj to provide loans & grants "u subsection 7b72 & 7#b7 #a1jjj1jjj = ! adm9i/rative co/s ( c>ry+ out ?is section4 4