Introduced
Committee
Markup
Reported
Floor
Passed
Enacted
S.1618 119th Congress

Precision Agriculture Loan Act of 2025

Status
In Committee
Latest Action
2025-05-06
Sponsor
Fischer, Deb (R-Nebraska)
Official Source
Investability
0/100
Stage
COMMITTEE
Related Bills
0
Full Text
2,674 chars
Alive
Yes
GovGreed Synthesis ·
Precision Agriculture Loan Act of 2025 This bill incorporates support for precision agriculture practices and technologies into the Conservation Loan Program and reauthorizes the program through FY2029. Under current law, the Farm Service Agency (FSA) may make or guarantee qualified conservation loans to farmers and ranchers for the implementation of conservation practices approved by the Natural Resources Conservation Service (NRCS). Currently, the program guarantees conservation loans from approved FSA lenders. Specifically, the bill adds the adoption of precision agriculture practices and technologies to the program’s priority list and the list of conservation activities that may be addressed with loan funds. This allows the Conservation Loan Program to make or guarantee qualified conservation loans to farmers and ranchers for the adoption of these practices and technologies. Further, the FSA must improve the efficiency and effectiveness of the program’s administrative procedures related to the adoption of these practices and the acquisition of these technologies. This includes streamlining any necessary approvals with the NRCS. Precision agriculture is a general term describing various crop and livestock management tools and practices that leverage technology (e.g., GPS) to optimize production and sustainability. Precision agriculture technology includes any technology and equipment that directly contributes to a reduction in, or improved efficiency of, inputs used in cro
2025-05-06
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
2025-05-06
Introduced in Senate
119 S1618 IS: Precision Agriculture Loan Act of 2025 U.S. Senate 2025-05-06 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. II 119th CONGRESS 1st Session S. 1618 IN THE SENATE OF THE UNITED STATES May 6, 2025 Mrs. Fischer (for herself and Mr. Warnock ) 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 make precision agriculture practices and technologies eligible under the conservation loan and loan guarantee program. 1. Short title This Act may be cited as the Precision Agriculture Loan Act of 2025 . 2. Precision agriculture and conservation loan and loan guarantee program Section 304 of the Consolidated Farm and Rural Development Act ( 7 U.S.C. 1924 ) is amended— (1) in the section heading, by striking Conservation and inserting Precision agriculture and conservation ; (2) in subsection (b)(3)— (A) by redesignating subparagraphs (F) and (G) as subparagraphs (H) and (I), respectively; and (B) by inserting after subparagraph (E) the following: (F) the adoption of precision agriculture practices; (G) the acquisition of precision agriculture technologies; ; (3) in subsection (d)— (A) in paragraph (2), by striking and at the end; (B) in paragraph (3), by striking 1985. and inserting 1985 ( 16 U.S.C. 3812 ); and ; and (C) by adding at the end the following: (4) producers who use the loans to adopt precision agriculture practices or acquire precision agriculture technologies, including adoption or acquisition for the purpose of participating in the environmental quality incentives program under subchapter A of chapter 4 of subtitle D of title XII of the Food Security Act of 1985 ( 16 U.S.C. 3839aa et seq. ). ; (4) in subsection (f)— (A) by striking The Secretary and inserting the following: (1) Geographic diversity The Secretary ; and (B) by adding at the end the following: (2) Efficiency and effectiveness for precision agriculture The Secretary shall consider and implement processes and techniques to improve the efficiency and effectiveness of the administration of this section with respect to the purposes of adopting precision agriculture practices and acquiring precision agriculture technologies, including— (A) delegating the authority to administer this section to the Deputy Administrator for Farm Programs of the Farm Service Agency; and (B) streamlining any necessary approvals with the Natural Resources Conservation Service. ; and (5) in subsection (h), by striking 2023 and inserting 2029 .
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