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Fishing Industry Credit Enhancement Act of 2025
4/15/2025, 4:23 AM
Summary of Bill S 1217
Bill 119 s 1217, also known as the "Commercial Fishing Industry Support Act," aims to make changes to the Farm Credit Act of 1971 in order to provide support to the commercial fishing industry. The bill recognizes the importance of the fishing industry in the United States and seeks to address the unique financial needs of commercial fishermen.
Specifically, the bill proposes amendments to the Farm Credit Act that would allow for the creation of specialized financial products and services tailored to the needs of commercial fishermen. This includes providing access to credit and financing options that are specifically designed to meet the challenges faced by those in the fishing industry.
Additionally, the bill aims to improve the availability of financial resources for commercial fishermen, particularly in times of economic hardship or natural disasters. By providing targeted support through the Farm Credit Act, the bill seeks to ensure the long-term viability and sustainability of the commercial fishing industry. Overall, Bill 119 s 1217 represents a bipartisan effort to address the financial needs of the commercial fishing industry and support the livelihoods of those who rely on fishing for their income. The bill recognizes the importance of the fishing industry to the US economy and seeks to provide the necessary resources and support to ensure its continued success.
Specifically, the bill proposes amendments to the Farm Credit Act that would allow for the creation of specialized financial products and services tailored to the needs of commercial fishermen. This includes providing access to credit and financing options that are specifically designed to meet the challenges faced by those in the fishing industry.
Additionally, the bill aims to improve the availability of financial resources for commercial fishermen, particularly in times of economic hardship or natural disasters. By providing targeted support through the Farm Credit Act, the bill seeks to ensure the long-term viability and sustainability of the commercial fishing industry. Overall, Bill 119 s 1217 represents a bipartisan effort to address the financial needs of the commercial fishing industry and support the livelihoods of those who rely on fishing for their income. The bill recognizes the importance of the fishing industry to the US economy and seeks to provide the necessary resources and support to ensure its continued success.
Read the Full Bill
Current Status of Bill S 1217
Bill S 1217 is currently in the status of Bill Introduced since March 31, 2025. Bill S 1217 was introduced during Congress 119 and was introduced to the Senate on March 31, 2025. Bill S 1217's most recent activity was Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. as of March 31, 2025
Bipartisan Support of Bill S 1217
Total Number of Sponsors
3Democrat Sponsors
0Republican Sponsors
0Unaffiliated Sponsors
3Total Number of Cosponsors
11Democrat Cosponsors
6Republican Cosponsors
5Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 1217
Primary Policy Focus
Alternate Title(s) of Bill S 1217
A bill to amend the Farm Credit Act of 1971 to support the commercial fishing industry.
A bill to amend the Farm Credit Act of 1971 to support the commercial fishing industry.
Comments

Emerson Golden
416
7 months ago
I think this bill is good for us. It will help with fishing industry stuff. Can't wait to see how it goes!

Kelvin Jiang
486
7 months ago
I dunno about this bill, but it sounds like it could mess with my job in the fishing industry. I heard it's supposed to help with credit stuff, but I'm not sure how that's gonna work. I hope it doesn't make things harder for me and my family. #confused #notsure #fishingindustry #creditenhancementact

Grant Dorsey
449
8 months ago
I think this bill is a good idea. It could help a lot of people. I hope it passes soon.
Sponsors and Cosponsors of S 1217
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