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S 1592 112th Congress Senate

Agricultural Credit Expansion Act

Official title: A bill to amend the Consolidated Farm and Rural Development Act to expand eligibility for Farm Service Agency loans.

Introduced: September 21, 2011 Introduced by: Gillibrand, Kirsten E. Democratic · New York See on congress.gov
Agriculture and Food Agricultural prices, subsidies, creditDisaster relief and insuranceFamily relationshipsGovernment lending and loan guarantees
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This bill died when the 112th Congress ended
It never became law before the 112th Congress (2011–2012) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 21, 2011
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Sep 21, 2011
Introduced in Senate
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 Latest action September 21, 2011

Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.

 Plain-English summary Congressional Research Service

Agricultural Credit Expansion Act - Amends the Consolidated Farm and Rural Development Act to expand eligibility for Farm Service Agency operating loans, farm ownership loans, conservation loans, and emergency loans.

Deems specified embedded entities (an entity owned wholly or in part by another entity) eligible for farm ownership and operating loans.

Deems specified operating-only entities eligible for farm ownership loans.

Directs the Secretary of Agriculture (USDA) to determine that an entity that is an owner-operator or operator meets the direct ownership loan requirement if it is owned in whole or in part by other entities and each individual that is an owner of the family farm involved has an ownership interest in each of the other entities.

Permits direct loans to be used to refinance Farm Service Agency loans or guaranteed loans.

Eliminates the 15-year limitation on the period operating loan borrowers are eligible for guaranteed assistance.
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). S. 1592: Agricultural Credit Expansion Act. 112th Congress. Open America. https://openamerica.io/bill/112-S-1592/
MLA
"S. 1592: Agricultural Credit Expansion Act." 112th Congress, 2026, Open America, https://openamerica.io/bill/112-S-1592/.
Bluebook (legal)
S. 1592, 112th Cong. (2026), https://openamerica.io/bill/112-S-1592/.
Markdown link
[S. 1592: Agricultural Credit Expansion Act](https://openamerica.io/bill/112-S-1592/)
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