,,ii #aah? ,,congress #a/ ,session ,s4 #biea ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,septemb] #bg 7legislative day1 ,septemb] #bb71 #bjbc,mr4 ,moran 7= himself & ,mr4 ,b5net7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,agriculture1 ,nutrition1 & ,=e/ry ,a ,,bill ,to require ! ,secret>y ( ,agriculture to e/abli% a program to provide loans & loan gu>antees to assi/ new & exp&$ meat processors & r5d]]s1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,but*] ,block ,act ( #bjbc4 #b4 ,assi/ance = new & exp&$ meat processors & r5d]]s 7a7 ,def9itions ,9 ?is section3 7#a7 ,cov]$ facility ,! t]m cov]$ facility means a facility-- 7,a7 = :i* a loan or loan gu>antee is provid$ to an eligible entity "u ! program2 & 7,b7 t is-- 7i7 a meat process+ e/abli%m5t t employs few] ?an #ejj employees2 or 7ii7 a r5d]+ facility e/abli%m5t t employs few] ?an #bjj employees4 7#b7 ,eligible entity 7,a7 ,9 g5]al ,! t]m eligible entity means-- 7i7 a public1 private1 or coop]ative organization organiz$ on a =-pr(it or nonpr(it basis2 7ii7 an ,indian ,tribe 7z def9$ 9 section #d ( ! ,indian ,self-,det]m9ation & ,education ,assi/ance ,act 7#be ,u4,s4,c4 #ecjd772 & 7iii7 an individual f>m]1 ran*]1 or bus9ess own]4 7,b7 ,exclusions ,! t]m eligible entity does n include-- 7i7 an entity describ$ 9 subp>agraph 7,a77i7 t is p>tly or :olly own$ by a =eign entity2 or 7ii7 an entity t has process$ an av]age ( n less ?an #e p]c5t ( ! beef1 pork1 *ick51 or turkey process$ nationally dur+ ! imm$iately prec$+ #e cal5d> ye>s4 7#c7 ,meat ,! t]m meat includes p\ltry4 7#d7 ,program ,! t]m program means ! program e/abli%$ "u subsection 7b74 7#e7 ,rural area ,! t]m rural area has ! mean+ giv5 ! t]m 9 section #cdc7;a7 ( ! ,consolidat$ ,f>m & ,rural ,developm5t ,act 7#g ,u4,s4,c4 #aiia7;a774 7#f7 ,secret>y ,! t]m ,secret>y means ! ,secret>y ( ,agriculture4 7b7 ,e/abli%m5t ,! ,secret>y %all e/abli% a program "u :i* ! ,secret>y %all provide loans & loan gu>antees to eligible entities to use 9 accordance ) subsection 7f74 7c7 ,program purposes ,! purposes ( ! program are-- 7#a7 to increase capacity ( meat process+ & r5d]+2 7#b7 to div]sify meat process+ & r5d]+ own]%ip2 7#c7 to bol/] local & regional food security ?r\gh increas$ meat process+ & r5d]+ capacity2 & 7#d7 to improve1 develop1 or f9ance meat process+ & r5d]+ capacity or employm5t1 includ+ ?r\gh ! f9anc+ ( work+ capital4 7d7 ,maximum am\nt ,except z provid$ 9 subsection 7g77#a71 ! am\nt ( a loan or loan gu>antee provid$ "u ! program %all n exce$ #ej1jjj1jjj4 7e7 ,priority ,9 provid+ a loan or loan gu>antee "u ! program1 ! ,secret>y %all give priority to eligible entities t-- 7#a7 are able to increase ov]all meat process+ or r5d]+ capacity 9 ! region involv$1 z det]m9$ by ! ,secret>y2 & 7#b7 are locat$ 9 a rural area4 7f7 ,use ( loans & loan gu>antees ,an eligible entity t receives a loan or loan gu>antee "u ! program %all use t loan or loan gu>antee1 z applicable1 to con/ruct1 exp&1 modify1 refurbi%1 or re-equip a cov]$ facility describ$ 9 clause 7i7 or 7ii7 ( subsection 7a77#a77;,b74 7g7 ,special rules = coop]atives 7#a7 ,am\nt ( loan or loan gu>antee ,! ,secret>y may provide a loan or loan gu>antee ( n m ?an #ajj1jjj1jjj to an eligible entity describ$ 9 subsection 7a77#b77;,a77i7 if ! loan involv$ is us$ to c>ry out a project t significantly increases meat process+ or r5d]+ 9 ! ,/ate or region-- 7,a7 9 :i* ! applicable cov]$ facility is or w be locat$2 & 7,b7 t has insuffici5t process+ or r5d]+ capacity1 z det]m9$ by ! ,secret>y4 7#b7 ,acc\nts receivable ,9 ! case ( a loan or loan gu>antee provid$ to an eligible entity describ$ 9 subsection 7a77#b77;,a77i71 ! ,secret>y may take acc\nts receivable z security = ! obligations ent]$ into 9 connection ) ! loan or loan gu>antee1 & ! eligible entity may use acc\nts receivable z collat]al to secure ! loan or loan gu>antee1 if ! ,secret>y det]m9es t su* actions w\ld n create or o!rwise contribute to an unreasonable risk ( default or loss to ! ,f$]al ,gov]nm5t4 7h7 ,conditions applicable ) respect to us+ loan involv$ = ref9anc+ ,an eligible entity receiv+ a loan or loan gu>antee "u ! program may use n m ?an #be p]c5t ( ! involv$ loan to ref9ance a loan obta9$ = c>ry+ out an activity describ$ 9 subsection 7f7 if-- 7#a7 ! eligible entity is curr5t & p]=m+ ) respect to ! loan to be ref9anc$2 7#b7 ! eligible entity has n default$ on any paym5t requir$ to be made ) respect to ! loan to be ref9anc$2 7#c7 none ( ! collat]al = ! loan to be ref9anc$ has be5 conv]t$2 & 7#d7 !re is adequate security or full collat]al = ! loan to be ref9anc$4 7i7 ,conditions relat+ to c>casses ,an eligible entity receiv+ a loan or loan gu>antee "u ! program-- 7#a7 %all accept all c>casses all[$ "u ,f$]al law2 & 7#b7 %all n limit ! size or type ( produc]s f :i* ! eligible entity procures c>casses4 7j7 ,appraisal ,! ,secret>y may require t any appraisal made 9 connection ) a loan or loan gu>antee provid$ "u ! program be conduct$ by a specializ$ apprais] t uses /&>ds t are simil> to /&>ds us$ = simil> purposes 9 ! private sector1 z det]m9$ by ! ,secret>y4 7k7 ,au?orization ( appropriations ,!re is au?oriz$ to be appropriat$ to ! ,secret>y to c>ry out ?is section #ajj1jjj1jjj = ea* ( fiscal ye>s #bjbd ?r\gh #bjbi4 #c4 ,new1 mobile1 & exp&$ meat process+ & r5d]+ grants 7a7 ,def9itions ,9 ?is section3 7#a7 ,eligible entity ,! t]m eligible entity means-- 7,a7 a gov]nm5tal entity2 7,b7 a public1 private1 or coop]ative organization organiz$ on a =-pr(it or nonpr(it basis2 7,c7 an ,indian ,tribe 7z def9$ 9 section #d ( ! ,indian ,self-,det]m9ation & ,education ,assi/ance ,act 7#be ,u4,s4,c4 #ecjd772 & 7,d7 an in/itution ( high] education4 7#b7 ,meat ,! t]m meat includes p\ltry4 7#c7 ,secret>y ,! t]m ,secret>y means ! ,secret>y ( ,agriculture4 7b7 ,grants ,! ,secret>y %all make grants to eligible entities to use 9 accordance ) subsection 7d74 7c7 ,purposes ,! purposes ( ?is section are-- 7#a7 to create m resili5t local & regional food sy/ems2 7#b7 to exp&1 div]sify1 & increase resili5ce 9 meat process+ & r5d]+ activities2 7#c7 to improve compliance ( meat processors ) live/ock & p\ltry process+ /atutes 7includ+ regulations71 includ+ ! ,f$]al ,meat ,inspection ,act 7#ba ,u4,s4,c4 #fja et seq47 & ! ,p\ltry ,products ,inspection ,act 7#ba ,u4,s4,c4 #dea et seq472 7#d7 to r$uce b>ri]s to entry = new meat processors & r5d]]s2 & 7#e7 to update1 exp&1 or o!rwise improve exi/+ meat process+ & r5d]+ facilities4 7d7 ,use ( funds ,an eligible entity receiv+ a grant "u ?is section may use ! grant to e/abli% or support new1 innovative1 or exp&$ meat process+ or r5d]+ activities1 or o!r activities t w increase ! cu/om] base or rev5ue returns ( live/ock & p\ltry produc]s1 includ+ by und]tak+ projects-- 7#a7 to id5tify & analyze bus9ess opportunities1 includ+ feasibility /udies requir$ = cr$itwor?9ess2 7#b7 to id5tify1 tra91 & provide te*nical assi/ance to exi/+ or prospective entrepr5eurs & manag]s or process+ or r5d]+ facilities2 7#c7 to a*ieve compliance ) applicable ,f$]al1 ,/ate1 or local regulations2 7#d7 to conduct regional1 community1 & local economic developm5t plann+ & coord9ation & lead]%ip developm5t2 7#e7 to e/abli% a c5t] = tra9+1 te*nology1 & trade t w provide tra9+ to meat process+ & r5d]+ employees2 & 7#f7 to inc5tivize new1 innovative1 or mobile ent]prises to increase or improve local & regional meat process+ & r5d]+4 7e7 ,conditions relat+ to c>casses ,an eligible entity receiv+ a grant "u ?is section-- 7#a7 %all accept all c>casses all[$ "u ,f$]al law2 & 7#b7 %all n limit ! size or type ( produc]s f :i* ! eligible entity procures c>casses4 7f7 ,au?orization ( appropriations ,!re is au?oriz$ to be appropriat$ to ! ,secret>y to c>ry out ?is section #be1jjj1jjj = ea* ( fiscal ye>s #bjbd ?r\gh #bjbi4