S 368
112th CONGRESS
1st Session
S. 368
To amend the Consolidated Farm and Rural Development Act to
suspend a limitation on the period for which certain borrowers are eligible
for guaranteed assistance.
IN THE SENATE OF THE UNITED STATES
February 16, 2011
Mr. KOHL (for himself, Mr. GRASSLEY, Ms. LANDRIEU, Mr. UDALL of Colorado,
Ms. KLOBUCHAR, Mr. DURBIN, Mr. BENNET, Mr. JOHNSON of South Dakota,
Mr. HARKIN, Mr. LEAHY, Mr. NELSON of Nebraska, Mr. CONRAD, and Mrs.
GILLIBRAND) introduced the following bill; which was read twice and
referred to the Committee on Agriculture, Nutrition, and Forestry
A BILL
To amend the Consolidated Farm and Rural Development Act to
suspend a limitation on the period for which certain borrowers are eligible
for guaranteed assistance.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SUSPENSION OF LIMITATION ON PERIOD FOR WHICH BORROWERS
ARE ELIGIBLE FOR GUARANTEED ASSISTANCE.
Section 319(b) of the Consolidated Farm and Rural Development Act (7
U.S.C. 1949(b)) is amended--
(1) in paragraph (1), by striking `paragraph (2)' and inserting `paragraphs
(2) and (3)'; and
(2) by adding at the end the following:
`(3) SUSPENSION- During the period beginning December 31, 2010, and
ending December 31, 2013, paragraph (1) shall have no force or effect.'.
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