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New Producer Economic Security Act

USA119th CongressS-1237| Senate 
| Updated: 4/1/2025
Tina Smith

Tina Smith

Democratic Senator

Minnesota

Cosponsors (1)
Jack Reed (Democratic)

Agriculture, Nutrition, and Forestry Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
This bill proposes the establishment of the New Producer Economic Security Program within the Farm Service Agency's Office of Outreach and Education. The program's core purpose is to strengthen the food systems security of the United States by investing in community-led solutions that increase access to land, capital, and markets for qualified beneficiaries . These beneficiaries include new farmers, ranchers, and forest owners who have operated for less than 10 years, operate on rented land, or are economically disadvantaged. The program will provide grants, cooperative agreements, or other capital support to eligible entities , such as state and local governments, Indian Tribes, non-profit organizations, and financial institutions, to carry out covered projects. These projects are designed to facilitate land access through activities like real property acquisition, interest rate subsidies, down payment assistance, and securing clear title on heirs' property. Additionally, the program supports strengthening the economic security of qualified beneficiaries by increasing access to markets and capital, establishing revolving loan funds, and providing comprehensive technical assistance, including translation services, business planning, and legal support. Priority will be given to projects offering direct financial assistance, involving collaborative networks, protecting Tribal land rights, and promoting conservation practices.
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Timeline
Apr 1, 2025
Introduced in Senate
Apr 1, 2025
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Apr 18, 2025

Latest Companion Bill Action

HR 119-2536
Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.
  • April 1, 2025
    Introduced in Senate


  • April 1, 2025
    Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.


  • April 18, 2025

    Latest Companion Bill Action

    HR 119-2536
    Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.

Agriculture and Food

Related Bills

  • HR 119-2536: New Producer Economic Security Act

New Producer Economic Security Act

USA119th CongressS-1237| Senate 
| Updated: 4/1/2025
This bill proposes the establishment of the New Producer Economic Security Program within the Farm Service Agency's Office of Outreach and Education. The program's core purpose is to strengthen the food systems security of the United States by investing in community-led solutions that increase access to land, capital, and markets for qualified beneficiaries . These beneficiaries include new farmers, ranchers, and forest owners who have operated for less than 10 years, operate on rented land, or are economically disadvantaged. The program will provide grants, cooperative agreements, or other capital support to eligible entities , such as state and local governments, Indian Tribes, non-profit organizations, and financial institutions, to carry out covered projects. These projects are designed to facilitate land access through activities like real property acquisition, interest rate subsidies, down payment assistance, and securing clear title on heirs' property. Additionally, the program supports strengthening the economic security of qualified beneficiaries by increasing access to markets and capital, establishing revolving loan funds, and providing comprehensive technical assistance, including translation services, business planning, and legal support. Priority will be given to projects offering direct financial assistance, involving collaborative networks, protecting Tribal land rights, and promoting conservation practices.
View Full Text

Suggested Questions

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

Timeline
Apr 1, 2025
Introduced in Senate
Apr 1, 2025
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Apr 18, 2025

Latest Companion Bill Action

HR 119-2536
Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.
  • April 1, 2025
    Introduced in Senate


  • April 1, 2025
    Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.


  • April 18, 2025

    Latest Companion Bill Action

    HR 119-2536
    Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.
Tina Smith

Tina Smith

Democratic Senator

Minnesota

Cosponsors (1)
Jack Reed (Democratic)

Agriculture, Nutrition, and Forestry Committee

Agriculture and Food

Related Bills

  • HR 119-2536: New Producer Economic Security Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted