HR2518Referred to Committee

Fishing Industry Credit Enhancement Act of 2025

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2025-03-31
Introduced
6
Cosponsors
HR
Type

Sponsor

Chellie Pingree
Chellie Pingree
Democrat · ME · Representative
Votes with party: 97.7% (577 recorded votes)

Full profile: /officials/P000597

Source: Congress.gov · FEC

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.

2025-04-18

Source: Congress.gov

Committee Activity

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Previously

Plain-English Summary

This bill would make it easier for fishing businesses and commercial fishermen to access loans and credit by improving government lending programs and guarantees specifically designed for the fishing industry. The changes would help fishing operations get financing for equipment, boats, and other business needs that might otherwise be difficult to obtain through traditional banks. Fishermen and seafood companies would be the primary beneficiaries of these expanded credit opportunities.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

Subjects

Public Lands and Natural Resources
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Related legislation

Bills by the same sponsor or covering overlapping subjects.