HR 7426 · 119th Congress · Agriculture and Food

USDA Express Loan Act of 2026

Introduced 2026-02-09· Sponsored by Rep. Finstad, Brad [R-MN-1]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Agriculture.(2026-02-09)

Plain Language Summary

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 7426 Introduced in House (IH)] <DOC> 119th CONGRESS 2d Session H. R. 7426 To amend the Consolidated Farm and Rural Development Act to support the prompt approval of certain loans and loan guarantees, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES February 9, 2026 Mr. Finstad (for himself and Mr. Gray) introduced the following bill; which was referred to the Committee on Agriculture _______________________________________________________________________ A BILL To amend the Consolidated Farm and Rural Development Act to support the prompt approval of certain loans and loan guarantees, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``USDA Express Loan Act of 2026''. SEC. 2. PROMPT APPROVAL OF LOANS AND LOAN GUARANTEES. Section 333A of the of the Consolidated Farm and Rural Development Act (7 U.S.C. 1983a) is amended-- (1) in subsection (g)-- (A) by striking paragraph (1) an…

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

Cosponsors (1)

1 Democrat