as a credit allowable under subpart A for such taxable year. (5) Reduction in basis For purposes of this subtitle, the basis of any property for which a credit is allowable under this section shall be reduced by the amount of such credit so allowed. . (b) Conforming amendment Section 38(b) of such Code is amended by striking plus at the end of paragraph (35), by striking the period at the end of paragraph (36) and inserting , plus , and by adding at the end the following new paragraph: (37) the portion of the eligible farmer credit to which section 30E(d)(3)(A) applies. . (c) Clerical amendment The table of sections for subpart B of part IV of subchapter A of chapter 1 of such Code is amended by adding at the end the following new item: Sec. 30E. Eligible farmer credits. . (d) Effective date The amendments made by this section shall apply to taxable years beginning after December 31, 2018. 522. Ensuring Farm Service Facility loans can serve agricultural cooperatives Section 1614(a) of the Food, Conservation, and Energy Act of 2008 ( 7 U.S.C. 8789(a) ) is amended by inserting (including agricultural cooperatives) after for producers . 523. Loans to cooperatives Section 316(a) of the Consolidated Farm and Rural Development Act ( 7 U.S.C. 1946(a) ) is amended by adding at the end the following: (3) Loans to cooperatives Notwithstanding subtitle A or this subtitle, the liability for a farm ownership loan or farm operating loan under such subtitles to a cooperative of family farm farmers shall be required to attach to the individual members of the cooperative, as determined by the Secretary. . VI Food Waste 601. Sense of Congress regarding reducing food waste (a) Findings Congress makes the following findings: (1) Up to 40 percent of food in the United States is wasted, the equivalent of 1,250 calories per person, per day, and more than 400 pounds of food per person, per year. (2) Growing, processing, transporting, and disposing of uneaten food is a significant burden on the United States economy, costing