Farmers of Tomorrow Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Dec 1, 2017)
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 happenedDec 21, 2017
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
Who’s behind it
- Introduced in HouseDec 1, 2017
- Dec 21, 2017Committee
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
Commodity Markets, Digital Assets, and Rural Development Subcommittee - Dec 1, 2017IntroReferralH11100
Referred to the House Committee on Agriculture.
Agriculture Committee - Dec 1, 2017IntroReferralIntro-H
Introduced in House
- Dec 1, 2017IntroReferral1000
Introduced in House