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Financial Support for Beginning Farmers and Ranchers

This act introduces a new pilot program to help beginning farmers and ranchers access development loans and loan guarantees for long-term investments. This will enable them to finance crucial start-up and growth expenditures for their farms, helping them build stable businesses and increase profits. The program offers flexible repayment terms, low interest rates, and training support.
Key points
New loans and loan guarantees up to $100,000 for beginning farmers and ranchers for long-term investments.
Flexible repayment terms (3 to 10 years) with low interest rates (0-3%) and annual interest payments.
Training support in farm management, bookkeeping, taxation, and risk management.
Ability to finance equipment acquisition, soil development, brand building, accounting systems, and business practices.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_S_2797
Sponsor: Sen. Welch, Peter [D-VT]
Process start date: 2025-09-15
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Capital for Beginning Farmers and Ranchers Act of 2025

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_S_2797.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2025-09-15.

What are the main provisions?

Key points include:

  • New loans and loan guarantees up to $100,000 for beginning farmers and ranchers for long-term investments.
  • Flexible repayment terms (3 to 10 years) with low interest rates (0-3%) and annual interest payments.
  • Training support in farm management, bookkeeping, taxation, and risk management.
  • Ability to finance equipment acquisition, soil development, brand building, accounting systems, and business practices.
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. Welch, Peter [D-VT].

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 2025-12-23.

CATEGORIES

Agriculture Economy