,,ii  #aaf? ,,congress  #b;d ,session   
,s4 #ddgj  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,augu/ #f1 #bjbj,mr4   
,te/] 7= himself1 ,mr4 ,k+1 ,mr4        
,romney1 ,mrs4 ,%ahe51 ,mr4 ,coons1 &   
,mr4 ,p]due7 introduc$ ! foll[+ bill2   
:i* 0 read twice & ref]r$ to !          
,committee on ,agriculture1 ,nutrition1 
& ,=e/ry  ,a ,,bill  ,to au?orize !     
,secret>y ( ,agriculture to subsidize   
paym5ts on loans made "u c]ta9 rural    
developm5t loan programs1 & = o!r       
purposes4  #a4 ,%ort title ,?is ,act may
 be cit$ z ! ,rural ,equal ,aid ,act (  
#bjbj4  #b4 ,subsidy = c]ta9 rural      
developm5t loan paym5ts  7a7 ,def9ition 
( cov]$ loan ,9 ?is section1 ! t]m cov]$
 loan means-- 7#a7 a community          
facilities gu>ante$ loan "u section     
#cjf7;a7 ( ! ,consolidat$ ,f>m & ,rural 
,developm5t ,act 7#g ,u4,s4,c4          
#aibf7;a772  7#b7 a bus9ess & indu/ry   
gu>ante$ loan "u section #caj;,b7g7 ( t 
,act 7#g ,u4,s4,c4 #aicb7;g772  7#c7 a  
loan t is made by an int]m$i>y l5d] to  

an ultimate recipi5t us+ a loan receiv$ 
"u section #acbc ( ! ,food ,security    
,act ( #aihe 7#g ,u4,s4,c4 #aicb note2  
,public ,law #ii-aih72 &  7#d7 a loan t 
is made by a micro5t]prise developm5t   
organization to a micro5trepr5eur "u    
section #cgi;,e ( ! ,consolidat$ ,f>m & 
,rural ,developm5t ,act 7#g ,u4,s4,c4   
#bjjhs74  7b7 ,pr9cipal & int]e/ paym5ts
  7#a7 ,9 g5]al ,! ,secret>y (          
,agriculture 7ref]r$ to 9 ?is section z 
! ,secret>y7 %all pay ! pr9cipal1       
int]e/1 & any associat$ fees t are ow$  
on a cov]$ loan 9 a regul> s]vic+       
/atus-- 7,a7 ) respect to a cov]$ loan  
made be=e ! date ( enactm5t ( ?is ,act &
 n on def]m5t1 = ! #f-mon? p]iod beg9n+ 
) ! next paym5t due on ! cov]$ loan2    
7,b7 ) respect to a cov]$ loan made be=e
 ! date ( enactm5t ( ?is ,act & on      
def]m5t1 = ! #f-mon? p]iod beg9n+ ) !   
next paym5t due on ! cov]$ loan aft] !  
def]m5t p]iod2 &  7,c7 ) respect to a   
cov]$ loan made dur+ ! p]iod beg9n+ on !
 date ( enactm5t ( ?is ,act & end+ on ! 

date t is #f mon?s aft] t date (        
enactm5t1 = ! #f-mon? p]iod beg9n+ ) !  
fir/ paym5t due on ! cov]$ loan4  7#b7  
,tim+ ( paym5t ,! ,secret>y %all beg9   
mak+ paym5ts "u p>agraph 7#a7 on a cov]$
 loan n lat] ?an #cj days aft] ! date on
 :i* ! fir/ paym5t describ$ 9 t p>agraph
 is due4  7#c7 ,application ( paym5t    
,any paym5t made by ! ,secret>y "u      
p>agraph 7#a7 %all be appli$ to ! cov]$ 
loan su* t ! borr[] is reliev$ ( !      
obligation to pay t am\nt4  7c7 ,o!r    
requirem5ts ,! ,secret>y %all-- 7#a7    
communicate & coord9ate ) ! ,f$]al      
,deposit ,insurance ,corporation1 !     
,(fice ( ! ,comptroll] ( ! ,curr5cy1 &  
,/ate bank regulators to enc\rage ^?    
entities to n require l5d]s to increase 
_! res]ves on acc\nt ( receiv+ paym5ts  
made by ! ,secret>y "u subsection 7b72  
7#b7 waive /atutory limits on maximum   
loan maturities = any cov]$ loan        
durations :]e ! l5d] provides a def]ral 
& ext5ds ! maturity ( cov]$ loans dur+ !
 #a-ye> p]iod foll[+ ! date ( enactm5t (

 ?is ,act2 &  7#c7 :5 necess>y to       
provide m "t because ( ! pot5tial (     
high] volumes1 travel re/rictions1 & !  
inability to access "s prop]ties dur+ ! 
,,covid-#ai p&emic1 ext5d l5d] site     
visit requirem5ts to-- 7,a7 n m ?an #fj 
days 7:i* may be ext5d$ at ! discretion 
( ! ,secret>y7 aft] ! occurr5ce ( an    
adv]se ev5t1 o!r ?an a paym5t default1  
caus+ a loan to be classifi$ z 9        
liquidation2 &  7,b7 n m ?an #ij days   
aft] a paym5t default4  7d7 ,effect     
,no?+ 9 ?is section limits ! au?ority ( 
! ,secret>y to make paym5ts pursuant to 
subsection 7b7 ) respect to a cov]$ loan
 solely because ! cov]$ loan has be5    
sold 9 ! second>y m>ket4  7e7           
,au?orization ( appropriations ,!re are 
au?oriz$ to be appropriat$ to !         
,secret>y su* sums z are necess>y to    
c>ry out ?is section4