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Agriculture, Nutrition, and Forestry Committee
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S. 910In committee
Farm Ownership Improvement Act
Introduced: Mar 10, 2025
Latest action date: Mar 10, 2025
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Current stage
In committee
The most advanced recorded stage is committee consideration.
Introduced
Mar 10, 2025
Latest action
Mar 10, 2025
Recorded roll calls
0
Civixly topics
What this legislation is about
Civixly topics make federal and state legislation comparable. They are derived from the official CRS policy area and legislative subjects.
Official CRS policy area
Agriculture and Food
Bill Summary
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 development of farm property.
Under the five-year pilot program, USDA must prioritize outreach to organizations that have demonstrated engagement with beginning farmers or ranchers.
In addition, USDA may make use of alternative methods, including financial benchmarking, to reliably evaluate the financial viability of a participant in the pilot program and the likelihood of repayment of the applicable loan.
USDA must submit an annual report to Congress on the pilot program, which must include a description of the program's performance outcomes and a recommendation as to the pilot program's value.
Committee activity
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Official committee record ↗
Amendments
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No amendments are listed for this measure.
Checked against Congress.gov Sep 13, 2026.
Action timeline
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View full action timeline2 actions
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
IntroReferralSenateIntroduced in Senate
IntroReferralLibrary of Congress
Roll-call votes
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No connected roll-call votes are currently available for this bill.
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