116-hr-6683116th Congress

Relief for America's Small Farmers Act

Sponsored By: Representative Maloney, Sean Patrick [D-NY-18]

Unknown

Summary

Relief for America's Small Farmers Act This bill provides loan forgiveness of up to $250,000 for certain borrowers who are actively engaged in farming, have an average annual adjusted gross income of $300,000 or less over the previous five years, and have certain Department of Agriculture farm loans. The loan forgiveness is subject to the condition that the applicable borrower must continue to be actively engaged in farming for at least two years after receiving such forgiveness.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Maloney, Sean Patrick [D-NY-18]

NY • D

Cosponsors

  • Rep. Delgado, Antonio [D-NY-19]

    NY • D

    Sponsored 5/1/2020

  • Rep. Pingree, Chellie [D-ME-1]

    ME • D

    Sponsored 5/1/2020

  • Sen. Welch, Peter [D-VT]

    VT • D

    Sponsored 5/1/2020

  • Rep. Malinowski, Tom [D-NJ-7]

    NJ • D

    Sponsored 5/1/2020

Roll Call Votes

No roll call votes available for this bill.

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