119th Congress
H.R. 8472
Support for Ownership and Investment in Land Act of 2026
- Introduced
- In committee
- Passed House
- Passed Senate
- To President
- Became law
- Sponsor
- Don Bacon(R-NE)
- Introduced
- Apr 23, 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
Support for Ownership and Investment in Land Act of 2026
This bill establishes a pilot program for an expedited qualification and approval process for eligible Department of Agriculture (USDA) farm ownership loans.
Under a new pilot program, USDA must streamline the application review process for borrowers seeking (1) direct farm ownership loans, or (2) USDA guaranteed farm ownership 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
- Apr 23, 2026 · House
Referred to the House Committee on Agriculture. - Apr 23, 2026
Introduced in House