,i #aah? ,,congress #b;d ,session ,h4 ,r4 #hddh ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,may #ag1 #bjbd,mr4 ,bacon 7= himself & ,mr4 ,nunn ( ,i[a7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,agriculture ,a ,,bill ,to e/abli% a pilot program to e/abli% a pre-approval process = direct f>m own]%ip loans made "u subtitle ,a ( ! ,consolidat$ ,f>m & ,rural ,developm5t ,act 9 ord] to /reaml9e ! application process & provide great] c]ta9ty to borr[]s4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,support = ,own]%ip & ,inve/m5t 9 ,l& ,act or ! ,,soil ,act4 #b4 ,f>m] loan pilot projects ,subtitle ,d ( ! ,consolidat$ ,f>m & ,rural ,developm5t ,act is am5d$ by ins]t+ aft] section #ccc;,d 7#g ,u4,s4,c4 #aihc;d7 ! foll[+3 #ccc;,e4 ,prior approval au?orization pilot program 7a7 ,9 g5]al ,! ,secret>y1 act+ ?r\gh ! ,adm9i/rator ( ! ,f>m ,s]vice ,ag5cy1 %all c>ry out a pilot program to e/abli% a pre-approval process = direct f>m own]%ip loans made "u subtitle ,a 9 ord] to /reaml9e ! application process & provide great] c]ta9ty to borr[]s4 7b7 ,eligibility requirem5ts 7#a7 ,9 g5]al ,not)/&+ any o!r provision ( ?is ,act1 ! ,secret>y may e/abli% eligibility requirem5ts = direct f>m own]%ip loans "u subtitle ,a4 7#b7 ,limitation ,?is section %all n be int]pret$ to repeal any borr[+ requirem5t impos$ "u subtitle ,a4 7c7 ,report ,n lat] ?an #a ye> aft] ! date ( enactm5t ( ?is section1 & annually !reaft]1 ! ,secret>y %all submit to ! ,committee on ,agriculture ( ! ,h\se ( ,repres5tatives & ! ,committee on ,agriculture1 ,nutrition1 & ,=e/ry ( ! ,s5ate a report exam9+ ! actions und]tak5 "u1 & ! results (1 ! pilot program4 7d7 ,t]m9ation ( effectiv5ess ,! au?ority provid$ by ?is section %all t]m9ate effective ,septemb] #cj1 #bjbi4 4