HR 3782 · 117th Congress · Agriculture and Food
Relief for America's Small Farmers Act
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.(2021-07-07)
Plain Language Summary
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Relief for America's Small Farmers Act This bill provides loan forgiveness of up to $250,000 for certain borrowers who are actively engaged in farming, have an average annual adjusted gross income of $300,000 or less over the previous five years, and have certain Department of Agriculture farm loans. The loan forgiveness is subject to the condition that the applicable borrower must continue to be actively engaged in farming for at least two years after receiving such forgiveness.…
Summarized by Claude AI · Non-partisan · For informational purposes only