Farmers of Tomorrow Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (Apr 17, 2018)
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 just happenedApr 17, 2018
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Who’s behind it
- Introduced in SenateApr 17, 2018
- Apr 17, 2018IntroReferral
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Agriculture, Nutrition, and Forestry Committee - Apr 17, 2018IntroReferral10000
Introduced in Senate