DIRECT LOANS.

SEC. 5001. DIRECT LOANS. Section 302 of the Consolidated Farm and Rural Development Act (7 U.S.C. 1922) is amended—(1) by striking the section designation and heading and all that follows through “(a) The Secretary is authorized to” and inserting the following:“SEC. 302. PERSONS ELIGIBLE FOR REAL ESTATE LOANS.“(a) In General.—The Secretary may” ; and(2) in subsection (a)(2), by inserting “, taking into consideration all farming experience of the applicant, without regard to any lapse between farming experiences” after “farming operations”.