,,ii  #aahth ,,congress  #b;d ,session  
,s4 #ebjg  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,september #be1
 #bjbd,mr4 ,welch 7for himself1 ,ms4    
,smith1 and ,mr4 ,sanders7 introduced   
the following bill2 which was read twice
 and referred to the ,committee on      
,agriculture1 ,nutrition1 and ,forestry 
,a ,,bill  ,to amend the ,consolidated  
,farm and ,rural ,development ,act to   
modify certain requirements relating to 
emergency loans1 and for other purposes4
  #a4 ,short title ,this ,act may be    
cited as the ,emergency ,loans ,reform  
,act of #bjbd4  #b4 ,factors for        
consideration in making loan            
determinations ,section #cbb of the     
,consolidated ,farm and ,rural          
,development ,act 7#g ,u4,s4,c4 #aifb7  
is amended-- 7#a7 by striking the       
section designation and all that follows
 through ,for in subsection 7a7 and     
inserting the following3  #cbb4 ,factors
 for consideration in making loan       
determinations ,for  2 and  7#b7 by     

striking subsection 7b74  #c4 ,financial
 assistance based on production losses  
,section #cbi of the ,consolidated ,farm
 and ,rural ,development ,act 7#g       
,u4,s4,c4 #aigj7 is amended-- 7#a7 by   
striking the section designation and all
 that follows through ,the ,secretary in
 the first sentence and inserting the   
following3  #cbi4 ,financial assistance 
based on production losses  7a7 ,in     
general ,the ,secretary  2  7#b7 in     
subsection 7a7 7as so designated7-- 7,a7
 by striking if the applicant and       
inserting the following3 8if--  7#a7 the
 applicant  2  7,b7 in paragraph 7#a7   
7as so designated71 by striking at least
 a #cj per centum and all that follows  
through in effect for the previous year 
and the and inserting the following3 8a 
qualifying production loss1 as          
determined by the ,secretary1 as a      
result of the disaster2 and  7#b7 the  2
 and  7,c7 in paragraph 7#b7 7as so     
designated71 by striking ,such loans and
 inserting the following3  7b7          

,requirement ,a loan under subsection   
7a7  2 and  7#c7 in subsection 7b7 7as  
so designated7-- 7,a7 by striking per   
centum1 and inserting percent12 and     
7,b7 by striking per centum as and      
inserting percentage as4