US HB4513 | 2017-2018 | 115th Congress

Status

Spectrum: Bipartisan Bill
Status: Introduced on December 1 2017 - 25% progression, died in committee
Action: 2017-12-21 - Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
Pending: House Commodity Exchanges, Energy, and Credit Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Farmers of Tomorrow Act This bill amends the Consolidated Farm and Rural Development Act to expand eligibility for Department of Agriculture (USDA) direct farm ownership loans by modifying the three-year experience requirement. (Under current law, USDA may make a direct farm ownership loan only to a farmer or rancher who has participated in the business operations of a farm or ranch for at least three years or has other acceptable experience.) The bill modifies the experience requirement to specify a list of acceptable experience and educational criteria that USDA may count for an applicant to meet or reduce the necessary experience requirement.

Tracking Information

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Title

Farmers of Tomorrow Act

Sponsors


History

DateChamberAction
2017-12-21HouseReferred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
2017-12-01HouseReferred to the House Committee on Agriculture.
2017-12-01HouseIntroduced in House

Same As/Similar To

SB2685 (Same As) 2018-04-17 - Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.

Subjects


US Congress State Sources


Bill Comments

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