Agricultural Credit Expansion Act

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

Congressional Research Service

Official summary

Version 00 · Introduced in Senate · Sep 21, 2011

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.

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People & committees

Who introduced it

Sen. Gillibrand, Kirsten E. [D-NY] · D–NY

Committees

Agriculture, Nutrition, and Forestry Committee

0 cosponsorship records, including any withdrawals

Legislative record

Actions

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Sep 21, 2011
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Sep 21, 2011
Introduced in Senate

Primary sources

Bill text & related measures

Text links open the official source. We currently store references to these documents.

Introduced in Senate · Sep 21, 2011 Formatted Text PDF Formatted XML

Related bills identified by Congress.gov

No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.

Source last updated: Aug 14, 2025. Consult Congress.gov for the current record.

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Analyze S.1592 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.

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Discuss S.1592, 112th Congress: Agricultural Credit Expansion Act

Official record: https://www.congress.gov/bill/112th-congress/senate-bill/1592

Text version to examine: Introduced in Senate · 2011-09-21.

Official full text: https://www.congress.gov/112/bills/s1592/BILLS-112s1592is.htm

Imported record last updated by the source: 2025-08-14T14:19:48Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Analyze S.1592 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.

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Examine S.1592 through a progressive lens, focusing on fairness, access, economic inequality, and effects on vulnerable communities. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and distinguish stated goals from demonstrated outcomes.

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Discuss S.1592, 112th Congress: Agricultural Credit Expansion Act

Official record: https://www.congress.gov/bill/112th-congress/senate-bill/1592

Text version to examine: Introduced in Senate · 2011-09-21.

Official full text: https://www.congress.gov/112/bills/s1592/BILLS-112s1592is.htm

Imported record last updated by the source: 2025-08-14T14:19:48Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Examine S.1592 through a progressive lens, focusing on fairness, access, economic inequality, and effects on vulnerable communities. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and distinguish stated goals from demonstrated outcomes.

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Examine S.1592 through a conservative lens, focusing on fiscal responsibility, institutional stability, federalism, and the scope of government. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and any provisions that challenge this perspective.

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Discuss S.1592, 112th Congress: Agricultural Credit Expansion Act

Official record: https://www.congress.gov/bill/112th-congress/senate-bill/1592

Text version to examine: Introduced in Senate · 2011-09-21.

Official full text: https://www.congress.gov/112/bills/s1592/BILLS-112s1592is.htm

Imported record last updated by the source: 2025-08-14T14:19:48Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Examine S.1592 through a conservative lens, focusing on fiscal responsibility, institutional stability, federalism, and the scope of government. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and any provisions that challenge this perspective.

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Discuss S.1592, 112th Congress: Agricultural Credit Expansion Act

Official record: https://www.congress.gov/bill/112th-congress/senate-bill/1592

Text version to examine: Introduced in Senate · 2011-09-21.

Official full text: https://www.congress.gov/112/bills/s1592/BILLS-112s1592is.htm

Imported record last updated by the source: 2025-08-14T14:19:48Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Examine S.1592 through a civil-liberties and limited-government lens. Consider individual rights, privacy, voluntary choice, accountability, and government power. Explain tradeoffs, possible safeguards, and the strongest counterarguments without assuming the proposal is beneficial or harmful.