H.R. 8472In committeeJobs & the economy
USDA farm loan applications would move faster under pilot plan
Data as of July 11, 2026
USDA would run a pilot program to speed up farm land loan paperwork, ending September 30, 2031.40-second read · 4 questions answered below
Decoded
What does this do?
This bill would have USDA create a test program to shorten the time it takes to apply for and receive approval on certain farm ownership loans. It covers loans made directly by USDA and loans backed by USDA through approved private lenders. The program cannot change actual loan requirements, only the timing of the process.
Who does it affect?
Farmers and ranchers applying for USDA loans to buy farmland would be affected, along with the approved private lenders who work with those borrowers.
Why does it matter?
Currently, the application and approval process for these loans takes time that may affect when farmers can act on land purchases. USDA would also be required to report to Congress each year on how the program is working.
Where does it stand?
- Introduced
- House committee — You are here
- House vote
- Senate
- President's desk
Right now: a House committee is reviewing it. If the Senate changes it, it goes back to the House before reaching the President.
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Official title
Support for Ownership and Investment in Land Act of 2026
- Introduced:
- April 23, 2026
- Latest action:
- April 23, 2026
Referred to the House Committee on Agriculture.
Read the official bill on Congress.govMake the call
Three steps: where you stand, your script, the call.