,i #aaf? ,,congress #b;d ,session ,h4 ,r4 #heca ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,octob] #f1 #bjbj,mr4 ,c>son ( ,indiana introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,agriculture ,a ,,bill ,to direct ! ,secret>y ( ,agriculture to make grants to ,/ates to support ! e/abli%m5t & op]ation ( groc]y /ores 9 und]s]v$ communities1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,food ,des]ts ,act ( #bjbj4 #b4 ,grant program to e/abli% groc]y /ores 9 und]s]v$ communities 7a7 ,e/abli%m5t ( grant program ,! ,secret>y %all e/abli% a program to provide capitalization grants to ,/ates = ! purpose ( e/abli%+ revolv+ funds to support ! e/abli%m5t & op]ation ( groc]y /ores 9 und]s]v$ communities4 7b7 ,adm9i/ration ,a ,/ate receiv+ funds "u ?is ,act %all adm9i/] ! revolv+ fund ( ! ,/ate ?r\gh an in/rum5tality ( ! ,/ate ) su* p[]s & limitations z may be requir$ to op]ate su* fund 9 accordance ) ! requirem5ts ( ?is ,act4 7c7 ,projects & activities eligible = assi/ance ,am\nts 9 a revolv+ fund %all be us$ = ! purpose ( mak+ loans-- 7#a7 to op5 a groc]y /ore 9 an und]s]v$ community1 except t su* loan may n be us$ = ! purpose ( new con/ruction2 7#b7 to support ! op]ations ( an exi/+ groc]y /ore 9 an und]s]v$ community2 7#c7 to facilitate ! fair m>ket value pur*ase ( an exi/+ groc]y /ore 9 an und]s]v$ community2 or 7#d7 to support ! op]ations ( a program p>ticipant t is locat$ 9 a community t w\ld be an und]s]v$ community if ! program p>ticipant 0 n locat$ 9 su* community4 7d7 ,groc]y /ores eligible = assi/ance 7#a7 ,requir$ crit]ia ,a ,/ate receiv+ a capitalization grant "u ?is ,act may only make a loan f ! revolv+ fund ( ! ,/ate to an entity t ! ,/ate det]m9es-- 7,a7 is a groc]y /ore or w be a groc]y /ore aft] op5+2 7,b7 emphasizes or w emphasize unprocess$1 heal?ful foods2 7,c7 provides or w provide a v>iety ( raw fruits & vegetables2 7,d7 provides or w provide /aple foods2 7,e7 has a plan to keep su* foods 9 /ock to ! ext5t possible2 7,f7 *>ges or w *>ge prices at or bel[ m>ket av]ages2 7,g7 ei!r-- 7i7 is demon/rably qualifi$ to op]ate a groc]y /ore2 or 7ii7 at ! "t ( su* application1 has exi/+ p>tn]%ips ) organizations t provide te*nical assi/ance on bus9ess op]ations ( food s]vices2 & 7,h7 w mat* no less ?an #bj p]c5t1 f non-,f$]al funds1 ( ! am\nt ( su* loan4 7#b7 ,priority crit]ia ,a ,/ate %all prioritize an application = a loan f ! revolv+ fund ( ! ,/ate f an entity t ! ,/ate det]m9es-- 7,a7 hires or plans to hire work]s :o reside )9 ! und]s]v$ community t w\ld be s]v$ by ! entity2 7,b7 provides or plans to provide classes or o!r educational in=mation ab\t a heal?ful diet2 7,c7 s\rces or plans to s\rce food f local urban f>ms & g>d5s2 7,d7 does n or w n sell alcohol or tobacco products2 or 7,e7 demon/rates exi/+ supply *a9 relation%ips 9 ! groc]y indu/ry4 7e7 ,application ,an entity t desires a loan f a revolv+ fund ( a ,/ate %all submit an application to ! ,/ate at su* "t1 9 su* mann]1 & conta9+ su* in=mation z ! ,/ate may require4 7f7 ,loan conditions 7#a7 ,9 g5]al ,a loan di/ribut$ f a revolv+ fund by a ,/ate may be us$ by a program p>ticipant only = ! purposes specifi$ 9 subsection 7c74 7#b7 ,int]e/ rates ,a loan di/ribut$ by a ,/ate f a revolv+ fund-- 7,a7 %all be made at or bel[ m>ket int]e/ rates2 & 7,b7 may be an int]e/ free loan1 at t]ms n to exce$ ! less] ( #cj ye>s or ! project$ useful life 7z det]m9$ by ! ,/ate7 ( ! project to be f9anc$ ) ! proce$s ( ! loan4 7#c7 ,/ructure ( loan ,a loan may be di/ribut$ f a revolv+ fund by a ,/ate to a program p>ticipant 9-- 7,a7 a lump sum2 or 7,b7 9 multiple di/ributions ov] a p]iod ( ye>s1 if ! ,/ate det]m9es multiple di/ributions are necess>y to c>ry out ! project4 7#d7 ,loan am\nt ,a ,/ate may n provide a loan to a program p>ticipant f ! revolv+ fund ( ! ,/ate 9 a fiscal ye> t exce$s #aj p]c5t ( ! am\nt available f ! fund = mak+ di/ributions 9 t fiscal ye>4 7#e7 ,paym5ts ,annual pr9cipal & int]e/ paym5ts on a loan receiv$ f a revolv+ fund ( a ,/ate %all comm5ce n lat] ?an #a ye> aft] ! loan is disburs$ to ! program p>ticipant & all loans w be fully amortiz$ ^u ! expiration ( ! t]m ( ! loan4 7#f7 ,rev5ue = repaym5t ,a program p>ticipant %all e/abli% a d$icat$ s\rce ( rev5ue = repaym5t ( a loan receiv$ f a revolv+ fund ( a ,/ate4 7#g7 ,cr$it+ revolv+ fund ,a revolv+ fund ( a ,/ate %all be cr$it$ ) all paym5ts ( pr9cipal & int]e/ on all loans made f ! revolv+ fund4 7g7 ,adm9i/ration co/s ,a ,/ate %all *>ge a program p>ticipant an adm9i/rative fee ( n m ?an #d p]c5t ( ! loan am\nt4 ,! ,/ate %all use ! fees to adm9i/] ! revolv+ fund & conduct adm9i/ration activities "u ?is ,act4 7h7 ,te*nical assi/ance ,! ,secret>y %all provide te*nical assi/ance to program p>ticipants to assi/ ) s\rc+ ( food1 food /orage1 & o!r op]ational requirem5ts4 7i7 ,bankruptcy ,9 ! case ( ! bankruptcy ( a program p>ticipant1 am\nts ow$ on a loan f a revolv+ fund %all be af=d$ prec$5ce ov] o!r debt4 7j7 ,*ange 9 und]s]v$ /atus ,9 ! case ( a community t qualifi$ z und]s]v$ dur+ a p]iod 9 :i* loans 7 made by a ,/ate pursuant to ?is section & no long] qualifies z und]s]v$1 recipi5ts ( loans "u ?is section 9 su* community-- 7#a7 %all n be eligible = fur!r loans "u ?is section2 & 7#b7 may n h _! loan agreem5ts alt]$4 7k7 ,groc]y /ore e>n+s ,e>n+s ( a nonpr(it organization or municipally own$ program p>ticipant t are attributable to a loan receiv$ f a revolv+ fund ( a ,/ate %all be us$ = re9ve/m5t into ! program p>ticipant or to support ! cont9uity ( op]ations ( ! program p>ticipant4 #c4 ,capitalization grants to fund ,/ate revolv+ funds 7a7 ,eligibility ( ,/ate = capitalization grant ,to be eligible = a capitalization grant1 a ,/ate %all-- 7#a7 e/abli% a revolv+ fund t complies ) ! requirem5ts ( ?is ,act2 & 7#b7 e/abli% a process = applications & crit]ia = mak+ loans f ! revolv+ fund1 subject to ! requirem5ts 9 section #b7;d74 7b7 ,^u receipt ( capitalization grant ,^u ! receipt ( a capitalization grant1 a ,/ate %all deposit su* capitalization grant into ! revolv+ fund ( ! ,/ate4 7c7 ,di/ribution ,= a fiscal ye>1 ! ,secret>y %all apportion am\nts made available = capitalization grants "u ?is section among ! ,/ates eligible "u subsection 7a7 9 ! ratio t-- 7#a7 ! population ( und]s]v$ communities 9 ea* ,/ate eligible "u subsection 7a71 be>s to 7#b7 ! population ( und]s]v$ communities 9 all ,/ates eligible "u subsection 7a74 #d4 ,au?orization ( appropriations ,!re is au?oriz$ to be appropriat$ to c>ry out ?is ,act #aej1jjj1jjj = fiscal ye> #bjbj4 #e4 ,def9itions ,9 ?is ,act3 7#a7 ,capitalization grant ,! t]m capitalization grant means a grant made to a ,/ate "u ! program4 7#b7 ,heal?ful food ,! t]m heal?ful food means food t reflects ! mo/ rec5t ,diet>y ,guidel9es = ,am]icans4 7#c7 ,groc]y /ore ,! t]m groc]y /ore means a retail /ore t d]ives income prim>ily f ! sale ( food = home prep>ation & consumption4 7#d7 ,program ,! t]m program means ! program describ$ 9 section #b7;a74 7#e7 ,program p>ticipant ,! t]m program p>ticipant means an entity t has receiv$ a loan "u ! program4 7#f7 ,revolv+ fund ,! t]m revolv+ fund means a fund e/abli%$ by a ,/ate = use z a depository = a capitalization grant4 7#g7 ,secret>y ,! t]m ,secret>y means ! ,secret>y ( ,agriculture4 7#h7 ,/aple food ,! t]m /aple food has ! mean+ giv5 ! t]m 9 section #bdc7;b7 ( ! ( ! ,dep>tm5t ( ,agriculture ,reorganization ,act ( #aiid 7#g ,u4,s4,c4 #fiec7;b774 7#i7 ,/ate ,! t]m ,/ate means ,/ates ( ! ,union1 ! ,di/rict ( ,columbia1 ,pu]to ,rico1 ! ,virg9 ,isl&s1 ,guam1 ,am]ican ,samoa1 & ! ,nor!rn ,m>iana ,isl&s4 7#aj7 ,und]s]v$ community ,! t]m und]s]v$ community has ! mean+ giv5 ! t]m 9 section #caj;,b7g77#i77;,a7 ( ! ,consolidat$ ,f>m & ,rural ,developm5t ,act 7#g ,u4,s4,c4 #aicb7;g77#i77;,a774