HR 8472 119th Congress

Support for Ownership and Investment in Land Act of 2026

Latest Action

Referred to the House Committee on Agriculture.

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Sponsors

Summary

Support for Ownership and Investment in Land Act of 2026 This bill establishes a pilot program for an expedited qualification and approval process for eligible Department of Agriculture (USDA) farm ownership loans. Under a new pilot program, USDA must streamline the application review process for borrowers seeking (1) direct farm ownership loans, or (2) USDA guaranteed farm ownership 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

2026-04-23T00:00:00

Referred to the House Committee on Agriculture.

2026-04-23T00:00:00

Introduced in House

2026-04-23T00:00:00

Introduced in House

Policy Areas

Agriculture and Food

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