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Easier Access to Loans for Next Generation Farmers

This act makes it easier for young farmers and ranchers to get direct loans for farm real estate. It reduces the required experience in farm management, potentially helping new generations start farming and develop rural areas.
Key points
Reduces the required experience to 1 year in farm management or equivalent education/experience.
Facilitates access to financing for individuals starting a career in agriculture, potentially supporting local economies.
Lowers the minimum experience requirement from 3 years to 1 year, and in some cases, to 6 months.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_5004
Sponsor: Rep. Nunn, Zachary [R-IA-3]
Process start date: 2025-08-19
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Next Generation of Farmers Act of 2025

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_5004.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2025-08-19.

What are the main provisions?

Key points include:

  • Reduces the required experience to 1 year in farm management or equivalent education/experience.
  • Facilitates access to financing for individuals starting a career in agriculture, potentially supporting local economies.
  • Lowers the minimum experience requirement from 3 years to 1 year, and in some cases, to 6 months.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Nunn, Zachary [R-IA-3].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Agriculture.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

CATEGORIES

Agriculture Economy