,i  #aai? ,,congress  #b;d ,session  ,h4
 ,r4 #gdbf  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,febru>y #i1 #bjbf,mr4
 ,f9/ad 7= himself & ,mr4 ,gray7        
introduc$ ! foll[+ bill2 :i* 0 ref]r$ to
 ! ,committee on ,agriculture  ,a ,,bill
  ,to am5d ! ,consolidat$ ,f>m & ,rural 
,developm5t ,act to support ! prompt    
approval ( c]ta9 loans & loan gu>antees1
 & = o!r purposes4  #a4 ,%ort title ,?is
 ,act may be cit$ z ! ,,usda ,express   
,loan ,act ( #bjbf4  #b4 ,prompt        
approval ( loans & loan gu>antees       
,section #ccc;,a ( ! ( ! ,consolidat$   
,f>m & ,rural ,developm5t ,act 7#g      
,u4,s4,c4 #aihc;a7 is am5d$-- 7#a7 9    
subsection 7g7-- 7,a7 by /rik+ p>agraph 
7#a7 & ins]t+ ! foll[+3  7#a7 ,real     
e/ate & op]at+ gu>ante$ loans  7,a7 ,9  
g5]al ,! ,secret>y %all provide to l5d]s
 a %ort1 simplifi$ application =m = real
 e/ate & op]at+ gu>ante$ loans "u ?is   
title1 = loans ( n m ?an #a1jjj1jjj4    
7,b7 ,notice ,)9 #e bus9ess days aft]   
receipt ( a complete application to     

gu>antee a f>m own]%ip or op]at+ loan t 
meets ! requirem5ts "u subp>agraph 7,a7 
orig9at$ by a ,pref]r$ ,c]tifi$ ,l5d] or
 ,c]tifi$ ,l5d]1 ! ,secret>y %all notify
 ! l5d] z to :e!r ! application is      
approv$ or disapprov$4  7,c7 ,maximum   
gu>antee ,not)/&+ any o!r provision (   
?is ,act1 ! p]c5tage ( ! pr9cipal am\nt 
( a loan :i* may be gu>ante$ pursuant to
 ?is p>agraph %all n exce$-- 7i7 #ij    
p]c5t1 9 ! case ( a loan n exce$+       
#abe1jjj2  7ii7 #ge p]c5t1 9 ! case ( a 
loan ( m ?an #abe1jjj & n m ?an         
#ejj1jjj2 or  7iii7 #ej p]c5t1 9 ! case 
( a loan ( m ?an #ejj1jjj & n m ?an     
#a1jjj1jjj4  2 &  7,b7 by r$esignat+    
p>agraphs 7#b7 & 7#c7 z p>agraphs 7#c7 &
 7#d71 respectively1 & ins]t+ aft]      
p>agraph 7#a7 ! foll[+3  7#b7 ,bus9ess &
 indu/ry gu>ante$ loans to assi/ rural  
entities  7,a7 ,9 g5]al ,! ,secret>y    
%all develop an application process t   
accel]ates1 to ! maximum ext5t          
practicable1 ! process+ ( applications =
 bus9ess & indu/ry gu>ante$ loans to    

assi/ rural entities1 z describ$ "u     
section #caj;,b7a77#b77;,a71 = loans n  
exce$+ #djj1jjj4  7,b7 ,exception ,!    
accel]at$ application process1 z provid$
 "u subp>agraph 7,a71 %all apply to     
loans n exce$+ #fjj1jjj if !re is n a   
significant increas$ risk ( a default on
 ! loan1 z det]m9$ by ! ,secret>y4  2 & 
7#b7 by /rik+ subsection 7h74