This bill seeks to significantly boost the adoption of precision agriculture practices and technology among farmers by leveraging federal incentives. It formally defines "precision agriculture" as managing and reducing crop or livestock production inputs with heightened granularity to improve efficiencies, reduce waste, and maintain environmental quality. "Precision agriculture technology" is also defined, encompassing various tools like GPS mapping, satellite imagery, sensors, and variable rate technology that enhance input efficiency. The legislation expands the purposes of rural development loans to explicitly include financing the acquisition of precision agriculture technology , aiming to promote best practices and reduce costs. Under the Environmental Quality Incentives Program (EQIP), the bill allows for increased payments, covering up to 90 percent of the costs associated with adopting precision agriculture practices and acquiring relevant technology for conservation. Furthermore, producers receiving EQIP payments can also secure loans or loan guarantees for the same practices, with the Secretary mandated to inform them of this option. The bill integrates precision agriculture into the Conservation Stewardship Program (CSP) by making it eligible for supplemental payments, alongside resource-conserving crop rotations and advanced grazing management. It also directs the Secretary to emphasize the use of third-party providers for technical assistance in soil health planning, specifically including guidance on precision agriculture practices . These changes aim to provide comprehensive support for farmers transitioning to more efficient and environmentally friendly agricultural methods.