HR 4988 · 115th Congress · Agriculture and Food

Conservation Assistance Loan Act of 2018

Introduced 2018-02-08· Sponsored by Rep. Bustos, Cheri [D-IL-17]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Agriculture.(2018-02-08)

Plain Language Summary

[AI summary unavailable — showing source text] Conservation Assistance Loan Act of 2018 This bill establishes a Department of Agriculture (USDA) nonrecourse conservation assistance loan program. Under the program, farmers who receive loans must meet certain conservation requirements, including: (1) complying with applicable conservation and wetland protection requirements under the Food Security Act of 1985, (2) using a reduced tillage method and nutrient management practices, and (3) planting a cover crop. (Under a nonrecourse loan, a farmer pledges a commodity as collateral and may deliver the pledged collateral to USDA to repay the loan.)…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (1)

1 Republican
Rep. Bost, Mike [R-IL-12]IL