Relief for America's Small Farmers Act

United States116th CongressHR-6683House of Representatives
Updated: Aug 13, 2020

Summary

Relief for America's Small Farmers Act This bill provides loan forgiveness of up to $250,000 for certain borrowers who are actively engaged in farming, have an average annual adjusted gross income of $300,000 or less over the previous five years, and have certain Department of Agriculture farm loans. The loan forgiveness is subject to the condition that the applicable borrower must continue to be actively engaged in farming for at least two years after receiving such forgiveness.

Bill texts

Available versions
Introduced (House)View official text

1 version available

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Timeline

  1. Referred to the Committee on Agriculture, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    House of Representatives

  2. Introduced in House

  3. Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.

    House of Representatives

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