Increased Subsidies and Loans for Precision Agriculture Technology Adoption.
This bill significantly increases financial and technical support for farmers adopting precision agriculture technologies like GPS systems and sensors. Citizens can expect these changes to lead to more efficient resource use (e.g., less fertilizer and water waste), potentially lowering food production costs and improving environmental quality. Farmers may receive up to 90% of the costs for new equipment under conservation programs.
Key points
Higher Subsidies: Farmers can receive up to 90% of the costs associated with acquiring and implementing precision agriculture technology (e.g., GPS systems, soil sensors) through conservation programs.
Dual Funding Access: Allows farmers to receive both conservation payments (grants) and federal loans for the same conservation practices simultaneously.
Rural Entity Support: Federal funds can be used to finance the acquisition of advanced equipment aimed at reducing waste and improving efficiency in crop and livestock production.
Introduced
Citizen Poll