aquaculture loan authority

aquaculture loan authority Sec. 1503. (a) Section 32(e) of title III of the BankheadJones Farm Tenant Act (50 Stat. 526, as amended; 7 U.S.C. 1011(e)) is amended by— (1) inserting immediately after “land utilization” the following: “or plans for the conservation, development, and utilization of water tor aquacultural purposes”; and (2) inserting immediately before the second sentence a new sentence as follows: “As used in this subsection, the term ‘aquaculture’ means the culture or husbandry of aquatic animals or plants.”. (b) Section 310B(a) of subtitle A of the Consolidated Farm and Rural Development Act (86 Stat. 663; 7 U.S.C. 1932(a)) is amended by (1) striking out the period at the end of the first sentence and inserting in lieu thereof the following: “, and the conservation, development, and utilization of water for aquaculture purposes.”; and (2) adding at the end thereof a new sentence as follows: “As used in this subsection, the. term ‘aquaculture’ means the culture or husbandry of aquatic animals or plants by private industry for commercial purposes including the culture and growing of fish by private industry for the purpose of creating or augmenting publicly owned and regulated stocks of fish.”.