S4281-118

Introduced

To establish a student loan forgiveness plan for certain borrowers who are employed at a qualified farm or ranch.

118th Congress Introduced May 8, 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 establish a student loan forgiveness plan for certain borrowers who are employed at a qualified farm or ranch., changes federal law or congressional policy affecting farmers, ranchers, and agricultural businesses. The main policy domain is Agriculture, Education, Defense.

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 S1: 1. Short title This Act may be cited as the Student Loan Forgiveness for Farmers and Ranchers Act.
  • Section idAE919441887C4AA2971C2762B82E19D9: 2. Loan forgiveness for farmers and ranchers Part D of title IV of the Higher Education Act of 1965 (20 U.S.C. 1087a et seq.) is amended by adding at the end...
  • Section idFDCA7C66BF304B729EDFA715EF482412: 460A. Loan forgiveness for farmers and ranchers In this section, the term qualified farm or ranch means a farm or ranch with a farm number (within the meaning...

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 establish a student loan forgiveness plan for certain borrowers who are employed at a qualified farm or ranch., changes federal law or congressional policy affecting farmers, ranchers, and agricultural businesses.

Key Policy Areas

Agriculture, Education, Defense

Primary Purpose

This bill, To establish a student loan forgiveness plan for certain borrowers who are employed at a qualified farm or ranch., changes federal law or congressional policy affecting farmers, ranchers, and agricultural businesses.

Policy Domains

Agriculture Education Defense

Whole bill

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

Legislative Progress

Introduced
Introduced Committee Passed
May 8, 2024

Mr. Murphy (for himself and Ms. Smith) introduced the following …

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 Education Defense
Actor Mappings
"secretary_of_education"
→ Secretary of Education
"secretary_of_agriculture"
→ Secretary of Agriculture

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