,i #aah? ,,congress #a/ ,session ,h4 ,r4 #ciee ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,june #i1 #bjbc,ms4 ,budz9ski 7= h]self1 ,mr4 ,nunn ( ,i[a1 ,mr4 ,c\rtney1 & ,ms4 ,spanb]g]7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,agriculture ,a ,,bill ,to e/abli% ! ,increas+ ,l&1 ,capital1 & ,m>ket ,access ,program )9 ! ,f>m ,s]vice ,ag5cy ,(fice ( ,outrea* & ,education4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,increas+ ,l& ,access1 ,security1 & ,opportunities ,act4 #b4 ,increas+ ,l&1 ,capital1 & ,m>ket ,access ,program 7a7 ,def9itions ,9 ?is section3 7#a7 ,cov]$ project ,! t]m cov]$ project means a project describ$ 9 subsection 7e74 7#b7 ,eligible entity 7,a7 ,9 g5]al ,! t]m eligible entity means-- 7i7 a ,/ate1 local1 or t]ritorial gov]nm5t2 7ii7 ,indian ,tribes & ,tribal organizations1 z def9$ 9 section #d ( ! ,indian ,self-,det]m9ation & ,education ,assi/ance ,act 7#be ,u4,s4,c4 #ecjd72 7iii7 a ,native community developm5t f9ancial in/itution c]tifi$ by ! ,secret>y ( ! ,treasury2 7iv7 a community developm5t f9ancial in/itution 7z def9$ 9 section #ajc ( ! ,community ,developm5t ,bank+ & ,f9ancial ,in/itutions ,act ( #aiid 7#ab ,u4,s4,c4 #dgjb77 c]tifi$ by ! ,secret>y ( ! ,treasury1 act+ ?r\gh ! ,community ,developm5t ,f9ancial ,in/itutions ,fund2 7v7 an organization describ$ 9 p>agraph 7#b7 or 7#c7 ( section #eja7;c7 ( ! ,int]nal ,rev5ue ,code ( #aihf & exempt f tax "u section #eja7;a7 ( su* ,code2 7vi7 a f\ndation2 7vii7 a coop]ative entity2 7viii7 an in/itution ( high] education 7z def9$ 9 section #aja ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajja772 & 7ix7 any o!r appropriate p>tn]1 z det]m9$ by ! ,secret>y4 7,b7 ,exclusion ,! t]m eligible entity does n include a corporation =eign-bas$ or =eign-own$4 7#c7 ,eligible l& 7,a7 ,9 g5]al ,! t]m eligible l& means-- 7i7 agricultural l&2 7ii7 private l&2 7iii7 urban l&2 7iv7 public l&1 includ+ ,f$]al1 ,/ate1 & municipally own$ or manag$ l&2 7v7 l&s held 9 common t are controll$ & manag$ by gr\ps ( individuals2 7vi7 l&s held 9 tru/2 7vii7 multiple p>cels ( l& describ$ 9 any ( clauses 7i7 ?r\gh 7v7 t are noncontigu\s2 & 7viii7 public or private %orel9e or int]tidal zone areas1 :i* may be :olly or p>tially und]wat]4 7,b7 ,exclusion ,! t]m eligible l& does n include p>cels ( l& describ$ 9 subp>agraph 7,a7 t are fully =e/$4 7#d7 ,int5d$ b5efici>ies ,! t]m int5d$ b5efici>ies means-- 7,a7 hi/orically und]s]v$ f>m]s1 ran*]s1 & =e/ own]s2 & 7,b7 f>m]s1 ran*]s1 & =e/ own]s op]at+ 9 high-pov]ty areas4 7#e7 ,program ,! t]m program means ! ,increas+ ,l&1 ,capital1 & ,m>ket ,access ,program e/abli%$ "u subsection 7b74 7#f7 ,secret>y ,! t]m ,secret>y means ! ,secret>y ( ,agriculture4 7b7 ,e/abli%m5t ,! ,secret>y %all e/abli% a competitive program to be kn[n z ! ,increas+ ,l&1 ,capital1 & ,m>ket ,access ,program )9 ! ,f>m ,s]vice ,ag5cy to make grants1 ent] into coop]ative agreem5ts1 or provide o!r capital support to eligible entities to c>ry out cov]$ projects 9 accordance ) subsection 7e74 7c7 ,purpose ,! purpose ( ! program is-- 7#a7 to /r5g!n l&1 capital1 & m>ket access = ! int5d$ b5efici>ies1 ) ! majority ( funds directly rea*+ ! int5d$ b5efici>ies2 & 7#b7 support projects design$ to-- 7,a7 increase l& access2 7,b7 prev5t l& loss2 7,c7 e/abli% innovative ways to connect available l& to int5d$ b5efici>ies2 7,d7 transition f>ml& f exi/+ l&[n]s to ! next g5]ation2 7,e7 re/ore l&s into ! h&s ( ^? :o h be5 und]s]v$2 7,f7 support f>m e/abli%m5t & long-t]m viability2 & 7,g7 provide appropriate te*nical assi/ance relat$ to l&1 capital1 or m>ket access4 7d7 ,selection 7#a7 ,application requirem5ts ,to be eligible to receive a grant or o!r capital support or ent] into a coop]ative agreem5t "u ?is section1 an eligible entity %all submit to ! ,secret>y an application at su* "t1 9 su* mann]1 & conta9+ su* in=mation z ! ,secret>y may require1 includ+-- 7,a7 in=mation demon/rat+ t ! cov]$ project ! eligible entity seeks to c>ry out is design$ to-- 7i7 s]ve ! int5d$ b5efici>ies2 7ii7 meet ! program purpose2 7,b7 a description ( h[ project activities w support ov]all f>m viability2 7,c7 a description ( h[ project activities w support f>m] behavioral & m5tal heal?2 7,d7 a plan = notification & consultation ) local ,tribal gov]nm5ts = future sale ( l&1 if applicable2 7,e7 an analysis ( anticipat$ b5efits to ! community & ! agricultural economy )9 ! project area2 & 7,f7 a plan = evaluation1 data managem5t1 communication1 & report+ ( project f9d+s & results4 7#b7 ,evaluation ( applications 7,a7 ,evaluation process ,! ,secret>y %all develop a process = evaluat+ proposals & di/ribut+ funds 9 collaboration ) a /akehold] committee1 :i* ! ,secret>y %all e/abli% & conv5e n lat] ?an #f mon?s aft] ! date ( ! enactm5t ( ?is ,act4 7,b7 ,consid]ation ,9 develop+ ! process "u subp>agraph 7,a71 ! ,secret>y %all consid] p]spectives f div]se /akehold]s1 div]se geographic di/ribution1 & div]se f>m+ models1 practices1 & purposes4 7#c7 ,priority ,9 c>ry+ out ?is section1 ! ,secret>y %all give priority to cov]$ projects t-- 7,a7 provide direct f9ancial assi/ance to int5d$ b5efici>ies2 7,b7 involve a sub/antial & effective collaborative network or p>tn]%ip ( public or private entities2 7,c7 increase access to municipal1 ,/ate1 & f$]ally own$ or manag$ l&2 7,d7 include a "r ( fir/ refusal = ,tribal citiz5s or gov]nm5ts :5 l& becomes available on or ne> ,tribal communities2 7,e7 involve me*anisms1 su* z a de$ re/riction or cons]vation easem5t1 t re/rict ! resale value ( eligible l& to protect ! l& = agricultural use2 7,f7 support ! transition ( agricultural l& f exi/+ produc]s to ! next g5]ation2 7,g7 include assi/ance to non-,engli% speak+ int5d$ b5efici>ies 9 _! own language2 7,h7 include activities "u subsection 7e7 design$ to support f>mwork]s2 & 7,i7 support be/-practices1 z det]m9$ by ! ,secret>y1 = long-t]m adoption ( consi/5t1 sci5ce-bas$1 site-specific practices design$ to a*ieve cons]vation objectives4 7e7 ,cov]$ projects 7#a7 ,requir$ use ( funds ,an eligible entity t c>ries out a cov]$ project %all provide direct assi/ance to int5d$ b5efici>ies 9 ord] to facilitate access to l&1 capital1 & m>kets1 :i* may include paym5ts to-- 7,a7 acquire real prop]ty 7includ+ air rights1 wat] rights1 & o!r int]e/s !re971 includ+ clos+ co/s2 7,b7 subsidize int]e/ rates & mortgage pr9cipal am\nts = int5d$ b5efici>ies2 7,c7 provide d[n paym5t assi/ance to decrease f>m mortgages2 7,d7 secure cle> title on heirs' prop]ty f>ml&2 7,e7 conduct surveys & assessm5ts ( agricultural l&2 7,f7 improve or rem$iate l&1 wat]1 & soil2 7,g7 con/ruct or repair infra/ructure2 7,h7 support l& use plann+2 7,i7 acquire legal or f9ancial plann+ assi/ance2 7,j7 c>ry out ,tribal consultation2 7,k7 support acquisition ( a ,dep>tm5t ( ,agriculture f>m numb]2 & 7,l7 any o!r activities z det]m9$ by ! ,secret>y4 7#b7 ,p]missible activities ,an eligible entity t receives a grant "u ?is section may use ! grant funds-- 7,a7 = activities associat$ ) increas+ access to m>kets & capital2 7,b7 to provide direct assi/ance to int5d$ b5efici>ies 9 assess+1 pur*as+1 acquir+1 or reta9+1 eligible l&2 7,c7 = activities design$ to support f>m e/abli%m5t & long-t]m viability2 7,d7 to e/abli% a revolv+ loan fund or o!r innovative f9ancial me*anism design$ = ! purpose ( increas+ l&1 capital1 & m>ket access = int5d$ b5efici>ies beyond ! initial project timel9e2 & 7,e7 to provide te*nical assi/ance t meets ! specific ne$s (1 & is accessible to1 ! int5d$ b5efici>ies1 & is relat$ to increas+ l&1 capital1 or m>ket access includ+-- 7i7 provid+ s]vices to non-,engli% speak+ produc]s 9 _! own language2 7ii7 develop+ & c>ry+ out /rategies to id5tify unique ne$s & gaps 9 access1 k1 & s]vices2 & 7iii7 specializ$ consultation1 tra9+1 coa*+1 capacity build+1 & m5tor+ focus$ on-- 7,i7 access+ & pur*as+ f>ml&2 7,,ii7 und]/&+ ,dep>tm5t ( ,agriculture programs2 7,,iii7 succession plann+2 7,,iv7 m>ket plann+ & risk analysis2 7,v7 coop]ative developm5t2 7,,vi7 legal & tax issues2 7,,vii7 develop+ bus9ess plans & feasibility /udies2 7,,viii7 f9ancial plann+ & recordkeep+2 7,,ix7 ent]prise1 bus9ess1 & labor managem5t2 & 7,x7 any o!r activities z det]m9$ by ! ,secret>y4 7#c7 ,subcontract ,an eligible entity may subcontract ) an organization to c>ry out an activity "u p>agraph 7#a7 or 7#b7 if ! s]vices ( su* subcontractor are necess>y to c>ry out su* activity4 7#d7 ,fund+ me*anism 7,a7 ,eligible entities ,! ,secret>y %all make fund+ available "u ?is section to eligible entities ?r\gh-- 7i7 grants2 7ii7 coop]ative agreem5ts2 7iii7 loan capital to f9ance activities "u subsection 7e77#b77;,d72 or 7iv7 o!r means1 z det]m9$ by ! ,secret>y4 7,b7 ,int5d$ b5efici>ies ,9 c>ry+ out cov]$ projects1 eligible entities %all provide direct assi/ance to int5d$ b5efici>ies ?r\gh-- 7i7 grants2 7ii7 loans 7bo? long-t]m & int]im72 or 7iii7 o!r direct paym5ts or assi/ance1 z det]m9$ by ! ,secret>y4 7#e7 ,repaym5t ( grant funds 9 case ( noncompliance ,an eligible entity t receives fund+ pursuant to ?is ,act t violates ! t]ms or conditions ( su* fund+ %all reimburse ! ,secret>y ( ,agriculture = su* funds4 7f7 ,fund+ 7#a7 ,au?orization ( appropriations ,!re is au?oriz$ to be appropriat$ to c>ry out ?is section #ajj1jjj1jjj = ea* fiscal ye>s #bjbd ?r\gh #bjbh4 7#b7 ,adm9i/ration ,( ! am\nts made available & au?oriz$ by ?is section1 ! ,secret>y %all allocate necess>y fund+ = implem5tation ( ?is section & adm9i/ration ( ! ,l&1 ,capital1 & ,m>ket ,access ,program4 7#c7 ,di/ribution ( funds 7,a7 ,limitation ,project funds %all be allocat$ = eligible activities by eligible entities )9 #e ye>s ( disp]sal unless o!rwise indicat$ by ! ,secret>y4 7,b7 ,exclusion ,funds di/ribut$ "u ! program %all n be subject to section #bjj4caa ( title #b1 ,code ( ,f$]al ,regulations1 9 cases :]e eligible entities use su* funds to increase secure l& access opportunities = ! int5d$ b5efici>ies aft] ! #e-ye> p]iod describ$ 9 subp>agraph 7,b74 7,c7 ,maximum aw>d ,! maximum aw>d = any eligible entity p] fiscal ye> %all be n m ?an #ae p]c5t ( funds made available = su* fiscal ye>4