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S. 2023 117th Congress Senate

Relief for America's Small Farmers Act

Official title: A bill to provide loan forgiveness for certain borrowers of Department of Agriculture direct farm loans, and for other purposes.

Introduced: June 10, 2021 Introduced by: Kirsten E. Gillibrand Democratic · New York See on congress.gov
Agriculture and Food Agricultural prices, subsidies, creditAppropriationsDepartment of AgricultureExecutive agency funding and structure
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Government lending and loan guaranteesIncome tax exclusion
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This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) 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
Jun 10, 2021
Read twice and referred to the Committee on Finance.
Jun 10, 2021
Introduced in Senate
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 Latest action June 10, 2021

Read twice and referred to the Committee on Finance.

 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.

The bill provides emergency funding for loan forgiveness.

 Related & companion bills 1
  • HR 3782 Relief for America's Small Farmers Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 7
All 7 Democratic 6 Independent 1
D
Luján, Ben Ray
New Mexico · Jul 14, 2021
 D
Smith, Tina
Minnesota · Jul 14, 2021
 D
Warnock, Raphael G.
Georgia · Jul 13, 2021
 D
Booker, Cory A.
New Jersey · Jun 10, 2021
 D
Merkley, Jeff
Oregon · Jun 10, 2021
 I
Sanders, Bernard
Vermont · Jun 10, 2021
 D
Wyden, Ron
Oregon · Jun 10, 2021
Cite this page click to expand
APA
U.S. Congress. (2026). S. 2023: Relief for America's Small Farmers Act. 117th Congress. Open America. https://openamerica.io/bill/117-S-2023/
MLA
"S. 2023: Relief for America's Small Farmers Act." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-S-2023/.
Bluebook (legal)
S. 2023, 117th Cong. (2026), https://openamerica.io/bill/117-S-2023/.
Markdown link
[S. 2023: Relief for America's Small Farmers Act](https://openamerica.io/bill/117-S-2023/)
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