To amend the Consolidated Farm and Rural Development Act to provide for a pilot program under which development loans and loan guarantees may be made to beginning farmers and ranchers, and for other purposes.
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
The bill adds or tightens a compliance mandate, definition change provision: 2. Findings Congress finds that— beginning farmers and ranchers often pursue business models featuring diverse and specialized production and marketing, reduces a appropriation, grant, loan guarantee provision: 3. Beginning farmer and rancher development loan pilot program Subtitle B of the Consolidated Farm and Rural Development Act (7 U.S.C. 1941 et seq.) is amended, and reduces a appropriation, grant, loan guarantee provision: 320. Beginning farmer and rancher development loan pilot program In this section, the term development expenditure means a capital investment that benefits a. It relies on appropriations, grants, loan guarantees, and compliance mandates. The main policy areas are Education and Finance.
Who Benefits and How
The available clause analysis does not identify a specific beneficiary group.
Who Bears the Burden and How
No clear private burden is identified from the available clause analysis; implementing agencies may still take on administrative work.
Key Provisions
- Adds or tightens a compliance mandate, definition change provision: 2. Findings Congress finds that— beginning farmers and ranchers often pursue business models featuring diverse and specialized production and marketing...
- Reduces a appropriation, grant, loan guarantee provision: 3. Beginning farmer and rancher development loan pilot program Subtitle B of the Consolidated Farm and Rural Development Act (7 U.S.C. 1941 et seq.) is amended...
- Reduces a appropriation, grant, loan guarantee provision: 320. Beginning farmer and rancher development loan pilot program In this section, the term development expenditure means a capital investment that benefits a...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for primary purpose and policy domains.
At a Glance
What This Bill Does
The bill adds or tightens a compliance mandate, definition change provision: 2. Findings Congress finds that— beginning farmers and ranchers often pursue business models featuring diverse and specialized production and marketing, reduces a appropriation, grant, loan guarantee provision: 3. Beginning farmer and rancher development loan pilot program Subtitle B of the Consolidated Farm and Rural Development Act (7 U.S.C. 1941 et seq.) is amended, and reduces a appropriation, grant, loan guarantee provision: 320. Beginning farmer and rancher development loan pilot program In this section, the term development expenditure means a capital investment that benefits a.
Key Policy Areas
Education, Finance
Primary Purpose
The bill adds or tightens a compliance mandate, definition change provision: 2. Findings Congress finds that— beginning farmers and ranchers often pursue business models featuring diverse and specialized production and marketing, reduces a appropriation, grant, loan guarantee provision: 3. Beginning farmer and rancher development loan pilot program Subtitle B of the Consolidated Farm and Rural Development Act (7 U.S.C. 1941 et seq.) is amended, and reduces a appropriation, grant, loan guarantee provision: 320. Beginning farmer and rancher development loan pilot program In this section, the term development expenditure means a capital investment that benefits a.
Policy Domains
Sponsors
Legislative Progress
IntroducedMr. Welch introduced the following bill; which was read twice …
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?
- "the_secretary"
- → The Secretary identified in the operative section
Key Definitions
Terms defined in this bill
a capital investment that benefits a farming or ranching business of a qualified beginning farmer or rancher for more than 1 year. In this section, the term development expenditure includes an expenditure— for the acquisition or development of— initial assets
a capital investment that benefits a farming or ranching business of a qualified beginning farmer or rancher for more than 1 year. In this section, the term development expenditure includes an expenditure— for the acquisition or development of— initial assets
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.
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