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Increased Financial Support for Farmers for Modern Precision Agriculture Technology.

This law facilitates farmers' access to loans and loan guarantees for purchasing modern precision agriculture technologies, such as GPS and sensors. These changes aim to lower production costs, increase efficiency, and improve environmental protection through precise resource management. Farmers may receive up to 90% of costs through environmental programs, significantly lowering the investment barrier.
Key points
New loans and loan guarantees are available to farmers specifically for purchasing precision technologies (e.g., GPS systems, soil sensors), lowering the barrier to entry for modern farming.
Farmers participating in environmental conservation programs (EQIP) can receive increased payments, covering up to 90% of the costs of implementing precision technologies.
It is now possible to combine grants from environmental programs (EQIP) with loans for the same practices, providing greater financial flexibility for farmers.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_6143
Sponsor: Rep. Hinson, Ashley [R-IA-2]
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Summarized by: gemini-2.5-flash-preview-09-2025
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

PRECISE Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_6143.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

What are the main provisions?

Key points include:

  • New loans and loan guarantees are available to farmers specifically for purchasing precision technologies (e.g., GPS systems, soil sensors), lowering the barrier to entry for modern farming.
  • Farmers participating in environmental conservation programs (EQIP) can receive increased payments, covering up to 90% of the costs of implementing precision technologies.
  • It is now possible to combine grants from environmental programs (EQIP) with loans for the same practices, providing greater financial flexibility for farmers.
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. Hinson, Ashley [R-IA-2].

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 Environment