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H.R. 2518

U.S. HouseIn House Committee

Summary

H.R. 2518, the Fishing Industry Credit Enhancement Act of 2025, was introduced in the House on Mar 31, 2025 by Rep. Chellie Pingree (D) with 6 co-sponsors. It was referred to Subcommittee on General Farm Commodities, Risk Management, and Credit, and last saw action on Apr 18, 2025: Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.


Record

Text

H.R. 2518 has 6 co-sponsors.

hb2518/introduced-in-house.txt
119 HR 2518 IH: Fishing Industry Credit Enhancement Act of 2025
U.S. House of Representatives
2025-03-31
text/xml
EN
Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
I 119th CONGRESS 1st Session H. R. 2518 IN THE HOUSE OF REPRESENTATIVES March 31, 2025 Ms. Pingree (for herself, Mr. Higgins of Louisiana , Ms. Tokuda , and Mr. Harder of California ) introduced the following bill; which was referred to the Committee on Agriculture A BILL
To amend the Farm Credit Act of 1971 to support the commercial fishing industry.
1.
Short title
This Act may be cited as the Fishing Industry Credit Enhancement Act of 2025 .
2.
Extension of credit to businesses providing services to producers or harvesters of aquatic products
(a)
Farm credit banks
(1)
Eligibility for credit and financial services
Section 1.9 of the Farm Credit Act of 1971 ( 12 U.S.C. 2017 ) is amended—
(A)
in paragraph (2), by striking or at the end;
(B)
by redesignating paragraph (3) as paragraph (4); and
(C)
by inserting after paragraph (2) the following:
(3)
persons furnishing to producers or harvesters of aquatic products services directly related to their operating needs; or
.
(2)
Purposes for extensions of credit
Section 1.11(c)(1) of the Farm Credit Act of 1971 ( 12 U.S.C. 2019(c)(1) ) is amended by inserting and to persons furnishing services directly related to the operating needs of producers or harvesters of aquatic products after needs .
(b)
Production credit associations
Section 2.4(a) of the Farm Credit Act of 1971 ( 12 U.S.C. 2075(a) ) is amended—
(1)
in paragraph (2), by striking and at the end;
(2)
in paragraph (3), by striking the period at the end and inserting ; and ; and
(3)
by adding at the end the following:
(4)
persons furnishing to producers or harvesters of aquatic products services directly related to their operating needs.
.

Tracker

The tracker indicates the progress of this legislation as it moves through the legislative process.

  1. Introduced2025-03-31
  2. Passed House
  3. Passed Senate
  4. Conference
  5. To President
  6. Became Law

To amend the Farm Credit Act of 1971 to support the commercial fishing industry.

Sponsors

Rep. Chellie Pingree (D) sponsors H.R. 2518, and 6 members have co-sponsored it, 3 of them from the day it was introduced.

Committees

H.R. 2518 went before 2 committees: General Farm Commodities, Risk Management, and Credit Subcommittee and Agriculture.

General Farm Commodities, Risk Management, and Credit Subcommittee
General Farm Commodities, Risk Management, and Credit Subcommittee
Referred to · Apr 18, 2025 · 39 Bills
Agriculture
Agriculture
Referred To · Mar 31, 2025 · 226 Bills

Actions

H.R. 2518 has taken 3 actions since Mar 31, 2025, the latest on Apr 18, 2025.

ChamberAction
Apr 18, 2025
House
Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.General Farm Commodities, Risk Management, and Credit Subcommittee
Mar 31, 2025
House
Introduced in House
Mar 31, 2025
House
Referred to the House Committee on Agriculture.Agriculture Committee

Votes

H.R. 2518 has not gone to a roll call.

2 bills are related to H.R. 2518.

Titles

H.R. 2518 goes by 3 titles, 1 of them short titles.

  • Fishing Industry Credit Enhancement Act of 2025 — Display Title
  • Fishing Industry Credit Enhancement Act of 2025 — Short Title(s) as Introduced
  • To amend the Farm Credit Act of 1971 to support the commercial fishing industry. — Official Title as Introduced

Lobbying

4 clients hired 5 firms and 19 registered lobbyists who named H.R. 2518 in 28 quarterly filings, 2025 to 2026. Reported under the Lobbying Disclosure Act; a filing’s income covers everything its registrant worked that quarter, so the amounts below are the filings’, not this bill’s.

Filed under Agriculture, Banking, Financial Institutions/Investments/Securities, Taxation/Internal Revenue Code, Labor Issues/Antitrust/Workplace, Telecommunications, Transportation, Trade (domestic/foreign).

Clients

Who paid to be heard, by how many filings named the bill.

ClientBusinessStateFirmsFilingsReported
FARM CREDIT BANK OF TEXASLending InstitutionTexas28$60K
COBANK ACBColorado17
FARM CREDIT COUNCILDistrict of Columbia17
AMERICAN AGCREDIT, FLCABanking and financeCalifornia16$260K

Firms

Registrants who filed on the bill, by filings.

Lobbyists

Named on the filings that cite the bill.

Filings

The documents themselves, on the Senate’s Lobbying Disclosure site, largest reported first.

ClientRegistrantPeriodReportedDocument
COBANK ACBCOBANK, ACB2025 second_quarter$320K2nd Quarter - Report
COBANK ACBCOBANK, ACB2025 fourth_quarter$310K4th Quarter - Amendme…
COBANK ACBCOBANK, ACB2026 second_quarter$300K2nd Quarter - Report
COBANK ACBCOBANK, ACB2025 first_quarter$290K1st Quarter - Report
COBANK ACBCOBANK, ACB2025 fourth_quarter$280K4th Quarter - Report
COBANK ACBCOBANK, ACB2025 third_quarter$280K3rd Quarter - Report
COBANK ACBCOBANK, ACB2026 first_quarter$240K1st Quarter - Report
FARM CREDIT COUNCILFARM CREDIT COUNCIL2026 first_quarter$140K1st Quarter - Amendme…
FARM CREDIT COUNCILFARM CREDIT COUNCIL2026 first_quarter$140K1st Quarter - Report
FARM CREDIT COUNCILFARM CREDIT COUNCIL2025 second_quarter$140K2nd Quarter - Report
FARM CREDIT COUNCILFARM CREDIT COUNCIL2026 second_quarter$110K2nd Quarter - Amendme…
FARM CREDIT COUNCILFARM CREDIT COUNCIL2026 second_quarter$110K2nd Quarter - Report
FARM CREDIT BANK OF TEXASFARM CREDIT BANK OF TEXAS2026 second_quarter$110K2nd Quarter - Report
FARM CREDIT COUNCILFARM CREDIT COUNCIL2025 third_quarter$110K3rd Quarter - Report
FARM CREDIT BANK OF TEXASFARM CREDIT BANK OF TEXAS2026 first_quarter$100K1st Quarter - Report
FARM CREDIT COUNCILFARM CREDIT COUNCIL2025 fourth_quarter$100K4th Quarter - Report
FARM CREDIT BANK OF TEXASFARM CREDIT BANK OF TEXAS2025 first_quarter$60K1st Quarter - Report
AMERICAN AGCREDIT, FLCACORNERSTONE GOVERNMENT AFFAIRS, INC.2026 second_quarter$50K2nd Quarter - Report
AMERICAN AGCREDIT, FLCACORNERSTONE GOVERNMENT AFFAIRS, INC.2026 first_quarter$50K1st Quarter - Report
FARM CREDIT BANK OF TEXASFARM CREDIT BANK OF TEXAS2025 fourth_quarter$50K4th Quarter - Report

Classification

The Congressional Research Service files H.R. 2518 under Public Lands and Natural Resources, one of its 31 policy areas, and gives it 3 legislative subjects.

CRS Subjects

CRS assigns every bill one policy area from its 31; H.R. 2518’s is Public Lands and Natural Resources.

hr2518/policy-areas.txt
Public Lands and Natural ResourcesAgriculture and FoodAnimalsArmed Forces and National SecurityArts, Culture, ReligionCivil Rights and Liberties, Minority IssuesCommerceCongressCrime and Law EnforcementEconomics and Public FinanceEducationEmergency ManagementEnergyEnvironmental ProtectionFamiliesFinance and Financial SectorForeign Trade and International FinanceGovernment Operations and PoliticsHealthHousing and Community DevelopmentImmigrationInternational AffairsLabor and EmploymentLawNative AmericansScience, Technology, CommunicationsSocial WelfareSports and RecreationTaxationTransportation and Public WorksWater Resources Development

Legislative Subjects

H.R. 2518 carries 3 of CRS’s legislative subjects, from Agricultural prices, subsidies, credit to Marine and coastal resources, fisheries.

hr2518/subjects.txt
Agricultural prices, subsidies, creditCredit and credit marketsMarine and coastal resources, fisheries

Constitutional authority

The clause the sponsor cites as Congress’s power to enact H.R. 2518, as entered in the Congressional Record.

[Congressional Record Volume 171, Number 57 (Monday, March 31, 2025)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Ms. PINGREE:H.R. 2518.Congress has the power to enact this legislation pursuantto the following:Article I[Page H1376]

Source: congress.gov · legiscan.com