S 910
Farm Ownership Improvement Act
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- Passed Senate
- Passed House
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- Became Law
Bill overview
This bill aims to improve the process of obtaining direct farm ownership loans from the USDA. It requires the Department of Agriculture to create a five-year pilot program that will assess farmers and ranchers’ financial viability before approving loans. The program will prioritize outreach to organizations working with beginning farmers and ranchers, and the USDA will be required to regularly evaluate and report on the program’s effectiveness to Congress.
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