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HR 5733 114th Congress House Agriculture and Food Agricultural conservation and pollution Agricultural prices, subsidies, credit Government lending and loan guarantees Minority and disadvantaged businesses

Beginning Farmer and Rancher Guaranteed Loan Modernization Act of 2016

Introduced: July 12, 2016 Introduced by: Bost, Mike Republican · Illinois See on congress.gov
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This bill died when the 114th Congress ended
It never became law before the 114th Congress (2015–2016) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 30, 2016
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
Jul 12, 2016
Introduced in House
Jul 12, 2016
Referred to the House Committee on Agriculture.
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 Plain-English summary Congressional Research Service

Beginning Farmer and Rancher Guaranteed Loan Modernization Act of 2016

This bill amends the Agricultural Act of 1961 to revise the limits for the Department of Agriculture's (USDA's) conservation loan guarantee program.

The bill replaces the existing 80% limit on the portion of a loan that USDA may guarantee with limits that range from 80%-90%, depending on the principal amount of the loan. For socially disadvantaged or beginning farmers or ranchers, the bill replaces the existing 90% limit with limits that range from 85%-95%, depending on the principal amount of the loan.

USDA may not guarantee a loan under the program that exceeds $3.5 million.

What's happening now August 30, 2016

Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
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APA
U.S. Congress. (2026). H.R. 5733: Beginning Farmer and Rancher Guaranteed Loan Modernization Act of 2016. 114th Congress. Open America. https://openamerica.io/bill/114-HR-5733/
MLA
"H.R. 5733: Beginning Farmer and Rancher Guaranteed Loan Modernization Act of 2016." 114th Congress, 2026, Open America, https://openamerica.io/bill/114-HR-5733/.
Bluebook (legal)
H.R. 5733, 114th Cong. (2026), https://openamerica.io/bill/114-HR-5733/.
Markdown link
[H.R. 5733: Beginning Farmer and Rancher Guaranteed Loan Modernization Act of 2016](https://openamerica.io/bill/114-HR-5733/)
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