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115-hr-4988115th Congress

Conservation Assistance Loan Act of 2018

Sponsored By: Representative Bustos, Cheri [D-IL-17]

Unknown

Summary

Conservation Assistance Loan Act of 2018 This bill establishes a Department of Agriculture (USDA) nonrecourse conservation assistance loan program. Under the program, farmers who receive loans must meet certain conservation requirements, including: (1) complying with applicable conservation and wetland protection requirements under the Food Security Act of 1985, (2) using a reduced tillage method and nutrient management practices, and (3) planting a cover crop. (Under a nonrecourse loan, a farmer pledges a commodity as collateral and may deliver the pledged collateral to USDA to repay the loan.)

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Bustos, Cheri [D-IL-17]

IL • D

Cosponsors

  • Rep. Bost, Mike [R-IL-12]

    IL • R

    Sponsored 2/8/2018

Roll Call Votes

No roll call votes available for this bill.

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