USDA Loan Modernization Act
Official title: To amend the Consolidated Farm and Rural Development Act to expand eligibility for direct loans to individuals or entity members that hold at least a 50 percent interest and that are or will become bona fide operators of the farm real estate acquired, improved, or supported with farm ownership, operating, or emergency loans, and for other purposes.
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What Happened in Congress?
Not yet voted on the floor.
Where the Bill Stands
- Introduced, done
- Committee, current stage
- Floor Vote, not yet
- Outcome, not yet
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Related Documents
Timeline
- House committee actionsReferred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.
- Library of CongressIntroduced in House
- House floor actionsReferred to the House Committee on Agriculture.
- Introduced
- Committee

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