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Federal Loans for Farmers to Adopt Precision Agriculture Technology and Practices

This Act amends the Consolidated Farm and Rural Development Act to specifically include funding for precision agriculture practices and technologies under the conservation loan and loan guarantee program. This change allows farmers to access capital for these investments. The loan program is extended until 2029, and the Secretary is directed to streamline administrative processes to improve the efficiency of the program's administration.
Key points
Farmers can now use federal loans to acquire precision agriculture technologies and implement related farming practices.
The Conservation and Loan Guarantee Program is renamed and extended until 2029.
Administrative processes are to be streamlined, including delegation of authority, to improve the efficiency and effectiveness of the program administration.
article Official text account_balance Process page
Introduced
Citizen Poll
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Additional Information
Print number: 119_S_1618
Sponsor: Sen. Fischer, Deb [R-NE]
Process start date: 2025-05-06
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Summarized by: gemini-3-pro-preview
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Precision Agriculture Loan Act of 2025

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_S_1618.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2025-05-06.

What are the main provisions?

Key points include:

  • Farmers can now use federal loans to acquire precision agriculture technologies and implement related farming practices.
  • The Conservation and Loan Guarantee Program is renamed and extended until 2029.
  • Administrative processes are to be streamlined, including delegation of authority, to improve the efficiency and effectiveness of the program administration.
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 Sen. Fischer, Deb [R-NE].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-31.

CATEGORIES

Agriculture Economy