,i  #aaith ,,congress  #b;d ,session    
,h4 ,r4 #gdge  ,,in ,,the ,,house ,,of  
,,representatives  ,february #aj1       
#bjbf,mr4 ,austin ,scott of ,georgia    
introduced the following bill2 which was
 referred to the ,committee on          
,agriculture  ,a ,,bill  ,to establish  
an expedited guaranteed lender pilot    
program at ,,usda4  #a4 ,short title    
,this ,act may be cited as the          
,expedited ,guaranteed ,lender ,pilot   
,program ,act4  #b4 ,expedited loan     
guarantee approval pilot program  7a7   
,in general ,subtitle ,d of the         
,consolidated ,farm and ,rural          
,development ,act is amended by         
inserting after section #ccc;,d 7#g     
,u4,s4,c4 #aihc;d7 the following3       
#ccc;,e4 ,expedited loan guarantee      
approval pilot program  7a7 ,in general 
,beginning not later than #a year after 
the date of the enactment of this       
section1 the ,secretary shall carry out 
a pilot program to establish an         
expedited qualification and approval    

process for borrowers seeking bridge    
loans guaranteed by the ,secretary under
 this ,act1 that are serviced by        
,preferred ,certified ,lenders under    
section #cci7;d7 and are provided to    
creditworthy borrowers1 as determined by
 the ,preferred ,certified ,lender4  7b7
 ,loan assessments ,in carrying out this
 section1 the ,secretary shall consider 
streamlining the process for making     
determinations necessary to make the    
certifications and assessments referred 
to in section #cci7;c77#e7 and          
determinations under section #cfj7;b74  
7c7 ,rule of interpretation ,this       
section shall not be interpreted to     
authorize the waiver or modification of 
any requirement1 other than a timing    
requirement applicable to application   
processing1 imposed by or under this    
,act4  7d7 ,report ,within #a year after
 the date of the enactment of this      
section1 and annually thereafter1 the   
,secretary shall submit to the          
,committee on ,agriculture of the ,house

 of ,representatives and the ,committee 
on ,agriculture1 ,nutrition1 and        
,forestry of the ,senate a report       
examining the actions undertaken under1 
and the results of1 the pilot program4  
7e7 ,termination of effectiveness ,the  
authority provided by this section shall
 terminate effective ,september #cj1    
#bjca4  4  7b7 ,conforming amendments   
,section #cdf7;b77#b7 of such ,act 7#g  
,u4,s4,c4 #aiid7;b77#b77 is amended--   
7#a7 in subparagraph 7,a77i77,,ii71 by  
inserting 1 to the extent practicable   
after ,april #a of the fiscal year2     
7#b7 in subparagraph 7,a77iii71 by      
inserting 1to the extent practicable    
after ,september #a of the fiscal year2 
and  7#c7 in subparagraph 7,b77iii71 in 
the text1 by inserting 1 to the extent  
practicable after ,april #a of the      
fiscal year4