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  <updateDate>
   2023-01-11T13:48:02Z
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   2023-01-11T13:48:02Z
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  <introducedDate>
   2021-03-26
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  <congress>
   117
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  <constitutionalAuthorityStatementText>
   &lt;pre&gt;[Congressional Record Volume 167, Number 57 (Friday, March 26, 2021)][House]From the Congressional Record Online through the Government Publishing Office [&lt;a href="https://www.gpo.gov"&gt;www.gpo.gov&lt;/a&gt;]By Mr. BOST:H.R. 2186.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8 of the U.S. Constitution[Page H1692]&lt;/pre&gt;
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         2021-06-15T22:54:18Z
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     Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
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     2021-03-26
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     Referred to the House Committee on Agriculture.
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     Rep. Bost, Mike [R-IL-12]
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    <firstName>
     Mike
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    <lastName>
     Bost
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    <party>
     R
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    <state>
     IL
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    <district>
     12
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    <isByRequest>
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     Rep. Kelly, Robin L. [D-IL-2]
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     Rep. Davis, Rodney [R-IL-13]
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    <lastName>
     Davis
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    <party>
     R
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     IL
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    <district>
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    <sponsorshipDate>
     2021-04-13
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   <item>
    <bioguideId>
     L000585
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    <fullName>
     Rep. LaHood, Darin [R-IL-18]
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    <firstName>
     Darin
    </firstName>
    <lastName>
     LaHood
    </lastName>
    <party>
     R
    </party>
    <state>
     IL
    </state>
    <district>
     18
    </district>
    <sponsorshipDate>
     2021-04-13
    </sponsorshipDate>
    <isOriginalCosponsor>
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   <item>
    <bioguideId>
     E000294
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    <fullName>
     Rep. Emmer, Tom [R-MN-6]
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    <firstName>
     Tom
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    <lastName>
     Emmer
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    <party>
     R
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    <state>
     MN
    </state>
    <district>
     6
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    <sponsorshipDate>
     2022-09-13
    </sponsorshipDate>
    <isOriginalCosponsor>
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    </isOriginalCosponsor>
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  <policyArea>
   <name>
    Agriculture and Food
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   <legislativeSubjects>
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     <name>
      Agricultural conservation and pollution
     </name>
    </item>
    <item>
     <name>
      Agricultural prices, subsidies, credit
     </name>
    </item>
    <item>
     <name>
      Government lending and loan guarantees
     </name>
    </item>
    <item>
     <name>
      Minority and disadvantaged businesses
     </name>
    </item>
   </legislativeSubjects>
   <policyArea>
    <name>
     Agriculture and Food
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    <versionCode>
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    <actionDate>
     2021-03-26
    </actionDate>
    <actionDesc>
     Introduced in House
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    <updateDate>
     2022-01-24T17:28:27Z
    </updateDate>
    <text>
     &lt;p&gt;&lt;b&gt;Beginning Agriculturalist Lifetime Employment Act of 2021 or the BALE Act of 20&lt;/b&gt;&lt;strong&gt;21&lt;/strong&gt;&lt;/p&gt; &lt;p&gt; This bill revises the limits for the Department of Agriculture (USDA) conservation loan guarantee program. &lt;/p&gt; &lt;p&gt;The bill replaces the existing 80% limit on the portion of a loan that USDA may guarantee with limits that range from 80%-90%, depending on the principal amount of the loan.&lt;/p&gt; &lt;p&gt;For socially disadvantaged or beginning farmers or ranchers, the bill replaces the existing 90% limit with limits that range from 85%-95%, depending on the principal amount of the loan. &lt;/p&gt; &lt;p&gt;The bill also (1) prohibits USDA from guaranteeing a loan under the program that exceeds $4 million, and (2) requires USDA to adjust the limits annually for inflation. &lt;/p&gt; &lt;p&gt; &lt;p&gt; &lt;p&gt;
    </text>
   </summary>
  </summaries>
  <title>
   BALE Act of 2021
  </title>
  <titles>
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    <titleType>
     Display Title
    </titleType>
    <title>
     BALE Act of 2021
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     Official Title as Introduced
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    <title>
     To amend the Agricultural Act of 1961 to modify the limitations applicable to qualified conservation loan guarantees, and for other purposes.
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     Introduced in House
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     Introduced in House
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     Beginning Agriculturalist Lifetime Employment Act of 2021
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     Introduced in House
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     Introduced in House
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     2021-03-26T04:00:00Z
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  <latestAction>
   <actionDate>
    2021-06-15
   </actionDate>
   <text>
    Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
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   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.
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   Congressional Research Service, Library of Congress
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   This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.
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2021-06-15
Commodity Markets, Digital Assets, and Rural Development Subcommittee
hsag22
1
House committee actions
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
Committee
H11100
2021-03-26
Agriculture Committee
hsag00
2
House floor actions
Referred to the House Committee on Agriculture.
IntroReferral
Intro-H
2021-03-26
9
Library of Congress
Introduced in House
IntroReferral
1000
2021-03-26
9
Library of Congress
Introduced in House
IntroReferral
2021-03-26T18:01:35Z
Referred to
House
Agriculture Committee
2021-06-15T22:54:18Z
Referred to
Commodity Markets, Digital Assets, and Rural Development Subcommittee
hsag22
hsag00
Standing
K000385
2
Robin
Rep. Kelly, Robin L. [D-IL-2]
Kelly
L.
D
2021-03-26
IL
D000619
13
Rodney
Rep. Davis, Rodney [R-IL-13]
Davis
R
2021-04-13
IL
L000585
18
Darin
Rep. LaHood, Darin [R-IL-18]
LaHood
R
2021-04-13
IL
E000294
6
Tom
Rep. Emmer, Tom [R-MN-6]
Emmer
R
2022-09-13
MN
Congressional Research Service, Library of Congress
This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.
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.
2021-03-26
2021-06-15
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
House
Agriculture and Food
B001295
12
Mike
Rep. Bost, Mike [R-IL-12]
N
Bost
R
IL
Agricultural conservation and pollution Agricultural prices, subsidies, credit Government lending and loan guarantees Minority and disadvantaged businesses
2021-03-26
Introduced in House
 <p><b>Beginning Agriculturalist Lifetime Employment Act of 2021 or the BALE Act of 20</b><strong>21</strong></p> <p> This bill revises the limits for the Department of Agriculture (USDA) conservation loan guarantee program. </p> <p>The bill replaces the existing 80% limit on the portion of a loan that USDA may guarantee with limits that range from 80%-90%, depending on the principal amount of the loan.</p> <p>For socially disadvantaged or beginning farmers or ranchers, the bill replaces the existing 90% limit with limits that range from 85%-95%, depending on the principal amount of the loan. </p> <p>The bill also (1) prohibits USDA from guaranteeing a loan under the program that exceeds $4 million, and (2) requires USDA to adjust the limits annually for inflation. </p> <p> <p> <p>
2022-01-24T17:28:27Z
00
2021-03-26T04:00:00Z
Introduced in House
https://www.govinfo.gov/content/pkg/BILLS-117hr2186ih/xml/BILLS-117hr2186ih.xml
BALE Act of 2021
BALE Act of 2021
Display Title
IH
Introduced in House
To amend the Agricultural Act of 1961 to modify the limitations applicable to qualified conservation loan guarantees, and for other purposes.
Official Title as Introduced
IH
Introduced in House
BALE Act of 2021
Short Title(s) as Introduced
IH
Introduced in House
Beginning Agriculturalist Lifetime Employment Act of 2021
Short Title(s) as Introduced
HR
2023-01-11T13:48:02Z
2023-01-11T13:48:02Z
3.0.0
2021-06-15
Commodity Markets, Digital Assets, and Rural Development Subcommittee
hsag22
1
House committee actions
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
Committee
H11100
2021-03-26
Agriculture Committee
hsag00
2
House floor actions
Referred to the House Committee on Agriculture.
IntroReferral
Intro-H
2021-03-26
9
Library of Congress
Introduced in House
IntroReferral
1000
2021-03-26
9
Library of Congress
Introduced in House
IntroReferral
B001295
12
Mike
Rep. Bost, Mike [R-IL-12]
N
Bost
R
IL
K000385
2
Robin
Rep. Kelly, Robin L. [D-IL-2]
Kelly
L.
D
2021-03-26
IL
D000619
13
Rodney
Rep. Davis, Rodney [R-IL-13]
Davis
R
2021-04-13
IL
L000585
18
Darin
Rep. LaHood, Darin [R-IL-18]
LaHood
R
2021-04-13
IL
E000294
6
Tom
Rep. Emmer, Tom [R-MN-6]
Emmer
R
2022-09-13
MN
Agricultural conservation and pollution Agricultural prices, subsidies, credit Government lending and loan guarantees Minority and disadvantaged businesses
2021-03-26
Introduced in House
 <p><b>Beginning Agriculturalist Lifetime Employment Act of 2021 or the BALE Act of 20</b><strong>21</strong></p> <p> This bill revises the limits for the Department of Agriculture (USDA) conservation loan guarantee program. </p> <p>The bill replaces the existing 80% limit on the portion of a loan that USDA may guarantee with limits that range from 80%-90%, depending on the principal amount of the loan.</p> <p>For socially disadvantaged or beginning farmers or ranchers, the bill replaces the existing 90% limit with limits that range from 85%-95%, depending on the principal amount of the loan. </p> <p>The bill also (1) prohibits USDA from guaranteeing a loan under the program that exceeds $4 million, and (2) requires USDA to adjust the limits annually for inflation. </p> <p> <p> <p>
2022-01-24T17:28:27Z
00
BALE Act of 2021
BALE Act of 2021
Display Title
IH
Introduced in House
To amend the Agricultural Act of 1961 to modify the limitations applicable to qualified conservation loan guarantees, and for other purposes.
Official Title as Introduced
IH
Introduced in House
BALE Act of 2021
Short Title(s) as Introduced
IH
Introduced in House
Beginning Agriculturalist Lifetime Employment Act of 2021
Short Title(s) as Introduced
2021-06-15
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.