Legis Daily

Precision Agriculture Loan Act of 2025

USA119th CongressS-1618| Senate 
| Updated: 5/6/2025
Deb Fischer

Deb Fischer

Republican Senator

Nebraska

Cosponsors (1)
Raphael G. Warnock (Democratic)

Agriculture, Nutrition, and Forestry Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
This legislation, known as the Precision Agriculture Loan Act of 2025, aims to broaden the scope of the existing conservation loan and loan guarantee program under the Consolidated Farm and Rural Development Act. It specifically makes the adoption of precision agriculture practices and the acquisition of precision agriculture technologies eligible for these loans, including for producers participating in programs like the Environmental Quality Incentives Program (EQIP). The bill further directs the Secretary to implement processes and techniques to enhance the efficiency and effectiveness of administering these new precision agriculture-focused loans. This could involve delegating authority to the Deputy Administrator for Farm Programs of the Farm Service Agency and streamlining approvals with the Natural Resources Conservation Service. Additionally, the legislation extends the program's authorization until 2029.
View Full Text

Suggested Questions

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

Timeline

Bill from Previous Congress

S 118-719
Precision Agriculture Loan Act of 2023
May 6, 2025
Introduced in Senate
May 6, 2025
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
  • Bill from Previous Congress

    S 118-719
    Precision Agriculture Loan Act of 2023


  • May 6, 2025
    Introduced in Senate


  • May 6, 2025
    Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.

Agriculture and Food

Precision Agriculture Loan Act of 2025

USA119th CongressS-1618| Senate 
| Updated: 5/6/2025
This legislation, known as the Precision Agriculture Loan Act of 2025, aims to broaden the scope of the existing conservation loan and loan guarantee program under the Consolidated Farm and Rural Development Act. It specifically makes the adoption of precision agriculture practices and the acquisition of precision agriculture technologies eligible for these loans, including for producers participating in programs like the Environmental Quality Incentives Program (EQIP). The bill further directs the Secretary to implement processes and techniques to enhance the efficiency and effectiveness of administering these new precision agriculture-focused loans. This could involve delegating authority to the Deputy Administrator for Farm Programs of the Farm Service Agency and streamlining approvals with the Natural Resources Conservation Service. Additionally, the legislation extends the program's authorization until 2029.
View Full Text

Suggested Questions

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

Timeline

Bill from Previous Congress

S 118-719
Precision Agriculture Loan Act of 2023
May 6, 2025
Introduced in Senate
May 6, 2025
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
  • Bill from Previous Congress

    S 118-719
    Precision Agriculture Loan Act of 2023


  • May 6, 2025
    Introduced in Senate


  • May 6, 2025
    Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Deb Fischer

Deb Fischer

Republican Senator

Nebraska

Cosponsors (1)
Raphael G. Warnock (Democratic)

Agriculture, Nutrition, and Forestry Committee

Agriculture and Food

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