119th Congress
H.R. 7475
Expedited Guaranteed Lender Pilot Program Act
- Introduced
- In committee
- Passed House
- Passed Senate
- To President
- Became law
- Sponsor
- Austin Scott(R-GA)
- Introduced
- Feb 10, 2026
- Policy area
- Agriculture and Food
- Committees
- House Committee on Agriculture
- Official text
- Introduced in House · Congress.gov page
Cosponsors (0)
No cosponsors.
Summary
Summary by the Congressional Research Service· describes the “Introduced in House” version
Expedited Guaranteed Lender Pilot Program Act
This bill establishes a pilot program for an expedited qualification and approval process for eligible Department of Agriculture (USDA) bridge loans.
Under a new pilot program, USDA must streamline the application review process for borrowers seeking USDA guaranteed bridge loans that are serviced by a Preferred Certified Lender. Specifically, USDA must consider streamlining the process for (1) certifying eligibility and reviewing financial information, and (2) making determinations regarding the farming plan and financial situation of an applicant.
The pilot program expires on September 30, 2031.
Roll-call votes
No recorded votes on this bill.
Actions
- Mar 20, 2026
Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit. - Feb 10, 2026 · House
Referred to the House Committee on Agriculture. - Feb 10, 2026
Introduced in House