HR 8448 · 118th Congress · Agriculture and Food

SOIL Act

Introduced 2024-05-17· Sponsored by Rep. Bacon, Don [R-NE-2]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.(2024-09-03)

Plain Language Summary

[AI summary unavailable — showing source text] Support for Ownership and Investment in Land Act or the SOIL Act This bill directs the Farm Service Agency (FSA) to carry out a pilot program to establish a pre-approval process for Direct Farm Ownership Loans. As background, the FSA Direct Loan Program provides Farm Ownership Loans to farmers and ranchers for the purchase and development of farm property.…

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

Cosponsors (2)

1 Democrat1 Republican
Rep. Nunn, Zachary [R-IA-3]IA
Rep. Gottheimer, Josh [D-NJ-5]NJ