# 114-hr-5733: Beginning Farmer and Rancher Guaranteed Loan Modernization Act of 2016

114-hr-5733, Beginning Farmer and Rancher Guaranteed Loan Modernization Act of 2016, is a 114th Congress bill sponsored by Rep. Bost, Mike [R-IL-12] (R-IL); status Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/114-hr-5733
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 114-hr-5733
- Congress: 114
- Title: Beginning Farmer and Rancher Guaranteed Loan Modernization Act of 2016
- Status: Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
- Introduced: 2016-07-12
- Sponsor: Rep. Bost, Mike [R-IL-12] (R-IL)
- Cosponsors: 1
- Policy area: Agriculture and Food
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Beginning Farmer and Rancher Guaranteed Loan Modernization Act of 2016 This bill amends the Agricultural Act of 1961 to revise the limits for the Department of Agriculture's (USDA's) conservation loan guarantee program. The bill replaces the existing 80% limit on the portion of a loan that USDA may guarantee with limits that range from 80%-90%, depending on the principal amount of the loan. For socially disadvantaged or beginning farmers or ranchers, the bill replaces the existing 90% limit with limits that range from 85%-95%, depending on the principal amount of the loan. USDA may not guarantee a loan under the program that exceeds $3.5 million.

## Cosponsors (1)

- Rep. Davis, Rodney [R-IL-13] (R-IL), 2016-09-22T00:00:00.000Z

## Related bills

- 114-hr-5798: To designate the facility of the United States Postal Service located at 1101 Davis Street in Evanston, Illinois, as the "Abner J. Mikva Post Office Building".
- 114-hr-5676: To designate the facility of the United States Postal Service located at 6300 N. Northwest Highway in Chicago, Illinois, as the "Officer Joseph P. Cali Post Of…
- 114-hr-5457: To redesignate Gravelly Point Park, located along the George Washington Memorial Parkway in Arlington County, Virginia, as the Nancy Reagan Memorial Park, and…
- 114-hr-5292: Air Traffic Controller Hiring Improvement Act of 2016
- 114-hr-5166: WINGMAN Act
- 114-hr-5090: To ensure that air transportation between the United States and the European Union complies with the intent of article 17 bis of the United States-European Uni…

## Sources
- [114-hr-5733 on Congress.gov](https://www.congress.gov/bill/114th-congress/house-bill/5733)

## Related
- [114-hr-5798: To designate the facility of the United States Postal Service located at 1101 D…](https://policyrisk.com/legislation/114-hr-5798)
- [114-hr-5676: To designate the facility of the United States Postal Service located at 6300 N…](https://policyrisk.com/legislation/114-hr-5676)
- [114-hr-5457: To redesignate Gravelly Point Park, located along the George Washington Memoria…](https://policyrisk.com/legislation/114-hr-5457)
- [114-hr-5292: Air Traffic Controller Hiring Improvement Act of 2016](https://policyrisk.com/legislation/114-hr-5292)
- [114-hr-5166: WINGMAN Act](https://policyrisk.com/legislation/114-hr-5166)
- [114-hr-5090: To ensure that air transportation between the United States and the European Un…](https://policyrisk.com/legislation/114-hr-5090)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/114-hr-5733 (as of 2025-11-18).