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119-hr-2536119th CongressWALLET

New Producer Economic Security Act

Sponsored By: Representative Budzinski, Nikki [D-IL-13]

In Committee

Summary

Creates the New Producer Economic Security Program to expand land, capital, and market access. The program sits in the Farm Service Agency and funds community-led projects with competitive grants, loans, cooperative agreements, and other capital support to help new and disadvantaged farmers buy or keep land and build viable farms.

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  • New and early-stage farmers and ranchers get direct help for land access and farm start-up. Funds may pay for land purchases, mortgage subsidies, down‑payment help, clearing heirs' property, land surveys, remediation, infrastructure, succession planning, and tailored technical assistance like translation.
  • Tribal communities and Tribal citizens gain priority protections for Tribal land rights and transitions. Applications that include Tribal right of first refusal, Tribal preferences near Tribal areas, voluntary transitions, or resale limits to keep land in agriculture get priority.
  • Community organizations and lenders can apply to run projects and create financing tools. Eligible applicants include Native community development financial institutions, community development financial institutions, nonprofits, cooperatives, colleges, and state or local governments; foreign‑owned entities are excluded. Recipients generally must obligate funds within 5 years and may face repayment for noncompliance.

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Bill Overview

Analyzed Economic Effects

2 provisions identified: 1 benefits, 0 costs, 1 mixed.

More help for new producers

If enacted, the Farm Service Agency would run a competitive New Producer Economic Security Program. The program would give grants, loans, capitalization for revolving funds, cooperative agreements, and other capital support. Funds would pay for down payments, mortgage or interest subsidies, title clearance, surveys, cleanup, infrastructure, and technical help including translation and training. Eligible entities would normally have 5 years to obligate funds, the Secretary could use contribution accounts and some funds for administration, and a stakeholder committee must be convened within 180 days.

Who can get program funds

If enacted, a qualified beneficiary would be a natural person farmer, rancher, or forest owner who is linked to an authorized entity or who regularly manages or works on the farm. The person would also need to meet at least one test: never operated or operated 10 years or less; operates only on rented land; has household income at or below 200% of the national poverty level; has income at or below 50% of the county median; or is economically disadvantaged as the Secretary decides. Authorized legal entities would need no more than 25 natural‑person owners who actively manage or do farm work, and foreign‑based or foreign‑owned corporations would be excluded. Eligible entities would include governments, Tribes, certified community development financial institutions, nonprofits, cooperatives, colleges, certain Farm Credit institutions, and other Secretary‑approved partners. If an eligible entity violates program terms, the entity would have to reimburse the Secretary for the assistance.

Sponsors & CoSponsors

Sponsor

Budzinski, Nikki [D-IL-13]

IL • D

Cosponsors

  • Rep. Nunn, Zachary [R-IA-3]

    IA • R

    Sponsored 4/1/2025

  • Rep. Courtney, Joe [D-CT-2]

    CT • D

    Sponsored 4/1/2025

  • Rep. Davis, Donald G. [D-NC-1]

    NC • D

    Sponsored 4/1/2025

  • Rep. Sorensen, Eric [D-IL-17]

    IL • D

    Sponsored 4/1/2025

  • Rep. Tokuda, Jill N. [D-HI-2]

    HI • D

    Sponsored 4/1/2025

  • Rep. Vasquez, Gabe [D-NM-2]

    NM • D

    Sponsored 4/1/2025

  • Rep. Riley, Josh [D-NY-19]

    NY • D

    Sponsored 5/6/2025

  • Rep. Fitzpatrick, Brian K. [R-PA-1]

    PA • R

    Sponsored 5/13/2025

  • Rep. Harder, Josh [D-CA-9]

    CA • D

    Sponsored 11/4/2025

  • Rep. Davids, Sharice [D-KS-3]

    KS • D

    Sponsored 4/20/2026

  • Rep. Schneider, Bradley Scott [D-IL-10]

    IL • D

    Sponsored 6/4/2026

Roll Call Votes

No roll call votes available for this bill.

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