In CommitteeFiled Dec 17, 2025
Sponsor: Rep. Bost, Mike [R-IL-12] (R)
Latest Action
Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.
May 20, 2026
Summary
The bill changes USDA farm loan rules so that individuals or entities that own at least half of a farm and are, or will become, the farm’s operator can receive direct ownership, operating, and emergency loans. It adds special provisions for operators, operating‑only entities, and “embedded” entities where ownership is held through other companies. The change aims to broaden access to USDA credit for modern farm businesses.
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