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H.R. 4988

Conservation Assistance Loan Act of 2018

Conservation Assistance Loan Act of 2018

This bill establishes a Department of Agriculture (USDA) nonrecourse conservation assistance loan program. Under the program, farmers who receive loans must meet certain conservation requirements, including: (1) complying with applicable conservation and wetland protection requirements under the Food Security Act of 1985, (2) using a reduced tillage method and nutrient management practices, and (3) planting a cover crop.

(Under a nonrecourse loan, a farmer pledges a commodity as collateral and may deliver the pledged collateral to USDA to repay the loan.)

Referred to the House Committee on Agriculture.

Rep. Bustos, Cheri [D-IL-17](D-IL)Sponsor
1 cosponsor1 R
1cosponsors1committees3actions4subjects
  1. IntroReferralH11100

    Referred to the House Committee on Agriculture.

    Agriculture Committee
  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

Conservation Assistance Loan Act of 2018 — Informed