,i  #aafth ,,congress  #ast ,session    
,h4 ,r4 #bgig  ,,in ,,the ,,house ,,of  
,,representatives  ,may #af1 #bjai,mr4  
,bost 7for himself1 ,ms4 ,kelly of      
,illinois1 ,mr4 ,rodney ,davis of       
,illinois1 ,mr4 ,yoho1 and ,mr4         
,o',halleran7 introduced the following  
bill2 which was referred to the         
,committee on ,agriculture  ,a ,,bill   
,to amend the ,agricultural ,act of     
#aifa to modify the limitations         
applicable to qualified conservation    
loan guarantees1 and for other purposes4
  #a4 ,short title ,this ,act may be    
cited as the ,beginning ,agriculturalist
 ,lifetime ,employment ,act of #bjai or 
the ,,bale ,act of #bjai4  #b4          
,limitations applicable to qualified    
conservation loan guarantees  7a7       
,limitations applicable to loan         
guarantees ,subtitle ,a of title ,,iii  
of the ,agricultural ,act of #aifa 7#g  
,u4,s4,c4 #aibb et seq47 is amended--   
7#a7 by amending section #cjd7;e7 of    
such ,act 7#g ,u4,s4,c4 #aibd7;e77 to   

read as follows3  7e7 ,limitations      
applicable to loan guarantees  7#a7     
,percentage of loan guaranteed ,the     
portion of a loan that the ,secretary   
may guarantee under this section shall--
  7,a7 depend on the principal amount of
 the loan2 and  7,b7 except as provided 
in paragraph 7#b71 may not exceed the   
percentage specified for that principal 
amount in the following table3          
,principal ,amount ,more ,than,principal
 ,amount ,equal ,to ,or ,less           
,than,maximum ,percent  #jb1ejj1jjjij   
#b1ejj1jjjb1fjj1jjjhi #b1fjj1jjj        
#b1gjj1jjjhh #b1gjj1jjj #b1hjj1jjjhg    
#b1hjj1jjj #b1ijj1jjjhf                 
#b1ijj1jjjc1jjj1jjjhe #c1jjj1jjj        
#c1ajj1jjjhd #c1ajj1jjj #c1bjj1jjjhc    
#c1bjj1jjj #c1cjj1jjjhb #c1cjj1jjj      
#c1djj1jjjha #c1djj1jjjc1ejj1jjjhj4     
7#b7 ,exception for certain producers   
,in the case of a loan to a producer    
that is a qualified beginning farmer or 
rancher or a socially disadvantaged     
farmer or rancher 7as the term is       

defined in section #beja7;e771 the      
portion of the loan the ,secretary may  
guarantee under this paragraph may not  
exceed the percentage specified for the 
principal amount of the loan in the     
following table3  ,principal ,amount    
,more ,than,principal ,amount ,equal ,to
 ,or ,less ,than,maximum ,percent       
#jb1ejj1jjjie #b1ejj1jjjb1fjj1jjjid     
#b1fjj1jjj #b1gjj1jjjic #b1gjj1jjj      
#b1hjj1jjjib #b1hjj1jjj #b1ijj1jjjia    
#b1ijj1jjjc1jjj1jjjij #c1jjj1jjj        
#c1ajj1jjjhi #c1ajj1jjj #c1bjj1jjjhh    
#c1bjj1jjj #c1cjj1jjjhg #c1cjj1jjj      
#c1djj1jjjhf #c1djj1jjjc1ejj1jjjhe4     
7#c7 ,maximum amount ,the ,secretary may
 not guarantee a loan under this section
 in an amount that exceeds #c1ejj1jjj4  
7#d7 ,annual inflation adjustment ,the  
,secretary shall annually adjust the    
dollar figures under paragraphs 7#a71   
7#b71 and 7#c7 to reflect the change in 
the ,prices ,paid ,by ,farmers ,index   
7as compiled by the ,national           
,agricultural ,statistics ,service of   

the ,department of ,agriculture74  2 and
  7#b7 in section #cje7;a7 of such ,act 
7#g ,u4,s4,c4 #aibe7;a77-- 7,a7 by      
striking #cjj1jjj1 or1 in the case of a 
loan guaranteed by the ,secretary1      
#gjj1jjj and inserting #fjj1jjj2 and    
7,b7 by striking #bjjj and inserting    
#bjbc4  7b7 ,applicability ,the         
amendments made by this section shall   
apply with respect to qualified         
conservation loans entered into by the  
,secretary of ,agriculture under section
 #cjd of the ,agricultural ,act of #aifa
 7#g ,u4,s4,c4 #aibd7 on or after the   
date of the enactment of this ,act4