June 2, 2023 — The Fishing Industry Credit Enhancement Act would allow businesses that directly support fishing industry to access existing agriculture loan program
U.S. Senators Lisa Murkowski (R-Alaska) and Angus King (I-Maine) have introduced bipartisan legislation to expand financial support for America’s fishing communities. The Fishing Industry Credit Enhancement Act would allow businesses that provide direct assistance to fishing operations – like gear producers or cold storage – to access the same loans from the Farm Credit System (FCS) already offered to service providers for farmers, ranchers, and loggers.