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S 2685 115th Congress Senate Agriculture and Food Agricultural education Farmland Government lending and loan guarantees

Farmers of Tomorrow Act

Introduced: April 17, 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
Apr 17, 2018
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Apr 17, 2018
Introduced in Senate
 Plain-English summary Congressional Research Service

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 April 17, 2018

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

 Committees of jurisdiction 1