Farm Ownership Improvement Act

Summary

Official

Farm Ownership Improvement Act This bill directs the Department of Agriculture (USDA) to establish a pilot program to implement a pre-qualification or pre-approval process for farmers and ranchers for direct farm ownership loans. As background, the Farm Service Agency Direct Loan Program provides Farm Ownership Loans to farmers and ranchers for the purchase and...

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Bill Progress

Bill has been introduced and assigned a number

Introduced(3/10/25)

Committee

Passed House

Passed Senate

President

Law

Sponsor

Mr. Welch

Senate (D) Vermont

Cosponsors (2)

Smith

Senate (D) Minnesota

Hoeven

Senate (R) North Dakota

Latest Action

Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.

Mar 10, 2025

View Bill on Congress.gov