S 3936 · 119th Congress · Agriculture and Food

USDA Loan Modernization Act

Introduced 2026-02-26· Sponsored by Sen. Tuberville, Tommy [R-AL]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.(2026-02-26)

Plain Language Summary

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 3936 Introduced in Senate (IS)] <DOC> 119th CONGRESS 2d Session S. 3936 To amend the Consolidated Farm and Rural Development Act to expand eligibility for guaranteed and direct loans to individuals or entity members that hold at least a 50 percent interest and that are or will become qualified operators of the farm real estate acquired, improved, or supported with farm ownership, operating, or emergency loans, and for other purposes. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES February 26, 2026 Mr. Tuberville (for himself and Mr. Husted) introduced the following bill; which was read twice and referred to the Committee on Agriculture, Nutrition, and Forestry _______________________________________________________________________ A BILL To amend the Consolidated Farm and Rural Development Act to expand eligibility for guaranteed and direct loans to individuals or entity members that hold at least a 50 percent interest and that are or will become qualified operators of the farm real estate acquired, improved, or supported with farm …

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

Cosponsors (1)

1 Republican