Legis Daily

Helping America’s Farmers Act

USA117th CongressHR-4456| House 
| Updated: 8/11/2021
Jahana Hayes

Jahana Hayes

Democratic Representative

Connecticut

Cosponsors (1)
Antonio Delgado (Democratic)

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

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Helping America's Farmers Act This bill provides financial assistance to certain agricultural entities. Specifically, the bill directs the Farm Service Agency (FSA) of the Department of Agriculture (USDA) to carry out a program to provide economic disaster loans to certain agricultural entities with an adjusted gross income of less than or equal to $500,000. Under the program, such entities are eligible for zero-interest loans of up to $2 million and may seek loan forgiveness based on demonstrated economic hardship. In making loans, priority must be given to (1) entities located in states most impacted by an economic disaster; and (2) minority, veteran, and women farmers and ranchers. The FSA may also guarantee a loan to certain agricultural entities with an adjusted gross income of greater than $500,000 if such loan meets certain requirements. Entities that apply for a loan or loan guarantee may request that the FSA provide an emergency grant of at least $20,000 upon application. The bill also provides funding for USDA to carry out a program to provide FSA staff with appropriate training relating to economic injury loan processing and servicing.
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Timeline

Bill from Previous Congress

HR 116-8042
Helping America’s Farmers Act
Jul 16, 2021
Introduced in House
Jul 16, 2021
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.
Aug 11, 2021
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
  • Bill from Previous Congress

    HR 116-8042
    Helping America’s Farmers Act


  • July 16, 2021
    Introduced in House


  • July 16, 2021
    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.


  • August 11, 2021
    Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.

Agriculture and Food

Helping America’s Farmers Act

USA117th CongressHR-4456| House 
| Updated: 8/11/2021
Helping America's Farmers Act This bill provides financial assistance to certain agricultural entities. Specifically, the bill directs the Farm Service Agency (FSA) of the Department of Agriculture (USDA) to carry out a program to provide economic disaster loans to certain agricultural entities with an adjusted gross income of less than or equal to $500,000. Under the program, such entities are eligible for zero-interest loans of up to $2 million and may seek loan forgiveness based on demonstrated economic hardship. In making loans, priority must be given to (1) entities located in states most impacted by an economic disaster; and (2) minority, veteran, and women farmers and ranchers. The FSA may also guarantee a loan to certain agricultural entities with an adjusted gross income of greater than $500,000 if such loan meets certain requirements. Entities that apply for a loan or loan guarantee may request that the FSA provide an emergency grant of at least $20,000 upon application. The bill also provides funding for USDA to carry out a program to provide FSA staff with appropriate training relating to economic injury loan processing and servicing.
View Full Text

Suggested Questions

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

Timeline

Bill from Previous Congress

HR 116-8042
Helping America’s Farmers Act
Jul 16, 2021
Introduced in House
Jul 16, 2021
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.
Aug 11, 2021
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
  • Bill from Previous Congress

    HR 116-8042
    Helping America’s Farmers Act


  • July 16, 2021
    Introduced in House


  • July 16, 2021
    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.


  • August 11, 2021
    Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
Jahana Hayes

Jahana Hayes

Democratic Representative

Connecticut

Cosponsors (1)
Antonio Delgado (Democratic)

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

Agriculture and Food

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted