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S 3602 116th Congress Senate Agriculture and Food Agricultural prices, subsidies, credit Government lending and loan guarantees Income tax exclusion

Relief for America's Small Farmers Act

Introduced: May 5, 2020 Introduced by: Gillibrand, Kirsten E. Democratic · New York See on congress.gov
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This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) 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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 5, 2020
Read twice and referred to the Committee on Finance.
May 5, 2020
Introduced in Senate
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 Plain-English summary Congressional Research Service

Relief for America's Small Farmers Act

This bill provides loan forgiveness of up to $250,000 for certain borrowers who are actively engaged in farming, have an average annual adjusted gross income of $300,000 or less over the previous five years, and have certain Department of Agriculture farm loans.

The loan forgiveness is subject to the condition that the applicable borrower must continue to be actively engaged in farming for at least two years after receiving such forgiveness.

What's happening now May 5, 2020

Read twice and referred to the Committee on Finance.

 Related & companion bills 1
  • HR 6683 Identical bill Relief for America's Small Farmers Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 4
All 4 Democratic 3 Independent 1
I
Sanders, Bernard
Vermont · May 20, 2020
 D
Booker, Cory A.
New Jersey · May 5, 2020
 D
Merkley, Jeff
Oregon · May 5, 2020
 D
Wyden, Ron
Oregon · May 5, 2020
Cite this page click to expand
APA
U.S. Congress. (2026). S. 3602: Relief for America's Small Farmers Act. 116th Congress. Open America. https://openamerica.io/bill/116-S-3602/
MLA
"S. 3602: Relief for America's Small Farmers Act." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-S-3602/.
Bluebook (legal)
S. 3602, 116th Cong. (2026), https://openamerica.io/bill/116-S-3602/.
Markdown link
[S. 3602: Relief for America's Small Farmers Act](https://openamerica.io/bill/116-S-3602/)
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