HR9795-118

Introduced

To authorize a pilot program for the making of 90-year, zero interest loans for the purchase of real estate to be used for agricultural production for 90 years.

118th Congress Introduced Sep 25, 2024

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

This bill, To authorize a pilot program for the making of 90-year, zero interest loans for the purchase of real estate to be used for agricultural production for 90 years., changes federal law or congressional policy affecting farmers, ranchers, and agricultural businesses. The main policy domain is Agriculture, Healthcare, Energy.

Who Benefits and How

farmers, ranchers, and agricultural businesses may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.

Who Bears the Burden and How

federal implementing agencies, farmers, ranchers, and agricultural businesses may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section HA7092EC9B8D94091BE5FFACB6D7BDC83: 1. Short title This Act may be cited as the Helping Optimize Markets and Encourage Generational Resilience through Ownership, Workmanship, and Nurturing Soil...
  • Section H1F4C86C576114F5A8AEB435B7E2FD2F5: 2. Pilot program of 90-year, zero interest loans for the purchase of real estate to be used for agricultural production for 90 years The Secretary of...

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

This bill, To authorize a pilot program for the making of 90-year, zero interest loans for the purchase of real estate to be used for agricultural production for 90 years., changes federal law or congressional policy affecting farmers, ranchers, and agricultural businesses.

Key Policy Areas

Agriculture, Healthcare, Energy

Primary Purpose

This bill, To authorize a pilot program for the making of 90-year, zero interest loans for the purchase of real estate to be used for agricultural production for 90 years., changes federal law or congressional policy affecting farmers, ranchers, and agricultural businesses.

Policy Domains

Agriculture Healthcare Energy

Whole bill

Identified Gains
  • farmers, ranchers, and agricultural businesses
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
farmers, ranchers, and agricultural businesses:
Identified Costs
  • federal implementing agencies
  • farmers, ranchers, and agricultural businesses
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
federal implementing agencies:
farmers, ranchers, and agricultural businesses:

Legislative Progress

Introduced
Introduced Committee Passed
Sep 25, 2024

Ms. Perez introduced the following bill; which was referred to …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Agriculture Healthcare Energy
Actor Mappings
"secretary_of_agriculture"
→ Secretary of Agriculture

Key Definitions

Terms defined in this bill

1 term
"eligible farmer" §H1F4C86C576114F5A8AEB435B7E2FD2F5

a farmer who— has participated in the business operations of a farm or ranch for not less than 10 years

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology