HR 7475 119th Congress

Expedited Guaranteed Lender Pilot Program Act

Latest Action

Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.

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Summary

Expedited Guaranteed Lender Pilot Program Act This bill establishes a pilot program for an expedited qualification and approval process for eligible Department of Agriculture (USDA) bridge loans. Under a new pilot program, USDA must streamline the application review process for borrowers seeking USDA guaranteed bridge loans that are serviced by a Preferred Certified Lender. Specifically, USDA must consider streamlining the process for (1) certifying eligibility and reviewing financial information, and (2) making determinations regarding the farming plan and financial situation of an applicant. The pilot program expires on September 30, 2031.

Actions

2026-03-20T00:00:00

Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.

2026-02-10T00:00:00

Referred to the House Committee on Agriculture.

2026-02-10T00:00:00

Introduced in House

2026-02-10T00:00:00

Introduced in House

Policy Areas

Agriculture and Food

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