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HR 4988 115th Congress House Agriculture and Food Agricultural conservation and pollution Farmland Government lending and loan guarantees Wetlands

Conservation Assistance Loan Act of 2018

Introduced: February 8, 2018 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 8, 2018
Referred to the House Committee on Agriculture.
Feb 8, 2018
Introduced in House
 Plain-English summary Congressional Research Service

Conservation Assistance Loan Act of 2018

This bill establishes a Department of Agriculture (USDA) nonrecourse conservation assistance loan program. Under the program, farmers who receive loans must meet certain conservation requirements, including: (1) complying with applicable conservation and wetland protection requirements under the Food Security Act of 1985, (2) using a reduced tillage method and nutrient management practices, and (3) planting a cover crop.

(Under a nonrecourse loan, a farmer pledges a commodity as collateral and may deliver the pledged collateral to USDA to repay the loan.)

What's happening now February 8, 2018

Referred to the House Committee on Agriculture.

 Committees of jurisdiction 1