Bills · S 899
IN COMMITTEE· 119TH CONGRESS
Senate BillS 899Agriculture and Food
Producer and Agricultural Credit Enhancement Act of 2025
INTRO MAR 6· LAST ACTION MAR 6
READING
5MIN
COSPONSORS
2
READER REACTIONS0 TOTAL
NO VOTES YET · BE THE FIRST
- Introduced only
LEGISLATIVE PROGRESS
STEP 2 / 8Introduced
In Committee
Reported
Passed Senate
Passed House
Conference
To President
Became Law
WHAT THE BILL DOES
AI-writtenVoters should care about this bill because it aims to support the financial stability of the agricultural sector, which is crucial for food production. If enacted, it would allow farmers to access more capital, addressing the rising costs of land, equipment, and other farming expenses that have increased significantly over time. Without these changes, current loan limits might be too low for many farmers to purchase land or manage operations effectively in today's economy, potentially hindering growth and farm succession. The refinancing option offers a lifeline to farmers in financial trouble, aiming to keep them in business, which can prevent consolidation of farms and protect rural economies.
KEY PROVISIONS
5AI-extractedPROVISION 01
Increases the maximum amounts for farm ownership loans, allowing farmers to borrow more to buy or expand agricultural land.
This helps farmers cope with the rising costs of farmland and property, making it more feasible to acquire necessary assets.
PROVISION 02
Raises the maximum amounts for operating loans, providing more funds for day-to-day farm expenses.
This helps farmers cover increasing costs for seeds, fertilizer, fuel, and labor, essential for running their operations.
PROVISION 03
Changes how inflation adjustments are calculated for farm ownership loans, basing them on average land values rather than a general price index.
This ensures loan limits are adjusted more specifically to the actual costs farmers face when buying agricultural land.
PROVISION 04
Doubles the maximum microloan amount from $50,000 to $100,000.
This provides more financial flexibility for small and beginning farmers who rely on these simplified loans for smaller needs.
PROVISION 05
Establishes a process for farmers to refinance certain government-guaranteed loans into direct government loans if they are in financial distress.
This offers a critical safety net for struggling farmers, potentially preventing business failure and helping them restructure their debt directly with the government.
SPONSORSHIP
1 + 2
R· North Dakota
YRS IN OFFICE
15
BILLS LED
25
COSPONSOR BREAKDOWNBIPARTISAN · 0%
DEM 2 REP 0 IND 0
ACTION TIMELINE
2 EVENTSMAR 6
Introduced in Senate
MAR 6
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
BILL INFO
TypeSenate Bill
NumberS 899
Congress119th
StatusIn Committee
IntroducedMar 6, 2025
Last actionMar 6, 2025
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IN COMMITTEE· 119TH CONGRESS · AGRICULTURE, NUTRITION, AND FORESTRY COMMITTEE · INTRODUCED MAR 6, 2025
Senate BillS 899Agriculture and Food
Producer and Agricultural Credit Enhancement Act of 2025
INTRODUCED MAR 6, 2025· LAST ACTION MAR 6, 2025
PASSAGE CHANCES
—%
READING
5 min
COSPONSORS
2
COMPLEXITY
Moderate
