Bipartisan Bill Introduced to Support Rural Fishing Communities
This week U.S. Senators Lisa Murkowski (Alaska) and Angus King (Maine) introduced bipartisan legislation to expand financial support for America’s fishing communities. Called the Fishing Industry Credit Enhancement Act, this bill would allow businesses that provide direct assistance to fishing operations, such as gear producers or cold storage, to access the same loans from the Farm Credit System that’s offered to farmers, ranchers and loggers.
For those unfamiliar with the Farm Credit System, it was founded in Congress in 1916 to aid farmers who struggled to access reliable credit...
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