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Relief for America's Small Farmers Act

USA116th CongressHR-6683| House 
| Updated: 8/13/2020
Sean Patrick Maloney

Sean Patrick Maloney

Democratic Representative

New York

Cosponsors (4)
Tom Malinowski (Democratic)Antonio Delgado (Democratic)Peter Welch (Democratic)Chellie Pingree (Democratic)

Commodity Markets, Digital Assets, and Rural Development Subcommittee, Ways and Means Committee, Agriculture Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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.
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Timeline
May 1, 2020
Introduced in House
May 1, 2020
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.
May 5, 2020

Latest Companion Bill Action

S 116-3602
Introduced in Senate
Aug 13, 2020
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
  • May 1, 2020
    Introduced in House


  • May 1, 2020
    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.


  • May 5, 2020

    Latest Companion Bill Action

    S 116-3602
    Introduced in Senate


  • August 13, 2020
    Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.

Agriculture and Food

Related Bills

  • S 116-3602: Relief for America's Small Farmers Act
Agricultural prices, subsidies, creditGovernment lending and loan guaranteesIncome tax exclusion

Relief for America's Small Farmers Act

USA116th CongressHR-6683| House 
| Updated: 8/13/2020
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
May 1, 2020
Introduced in House
May 1, 2020
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.
May 5, 2020

Latest Companion Bill Action

S 116-3602
Introduced in Senate
Aug 13, 2020
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
  • May 1, 2020
    Introduced in House


  • May 1, 2020
    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.


  • May 5, 2020

    Latest Companion Bill Action

    S 116-3602
    Introduced in Senate


  • August 13, 2020
    Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
Sean Patrick Maloney

Sean Patrick Maloney

Democratic Representative

New York

Cosponsors (4)
Tom Malinowski (Democratic)Antonio Delgado (Democratic)Peter Welch (Democratic)Chellie Pingree (Democratic)

Commodity Markets, Digital Assets, and Rural Development Subcommittee, Ways and Means Committee, Agriculture Committee

Agriculture and Food

Related Bills

  • S 116-3602: Relief for America's Small Farmers Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Agricultural prices, subsidies, creditGovernment lending and loan guaranteesIncome tax exclusion