HR 4513
115th Congress
House
Agriculture and Food
Agricultural education
Farmland
Government lending and loan guarantees
Farmers of Tomorrow Act
Introduced: December 1, 2017
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 21, 2017
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
Dec 1, 2017
Referred to the House Committee on Agriculture.
Dec 1, 2017
Introduced in House
Plain-English 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.
What's happening now
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
Committees of jurisdiction
2