# 119-hr-6779: USDA Loan Modernization Act

119-hr-6779, USDA Loan Modernization Act, is a 119th Congress bill sponsored by Rep. Bost, Mike [R-IL-12] (R-IL); status in_committee; PRIA reads it as touching household money (as of 2026-05-23).

- Canonical: https://policyrisk.com/legislation/119-hr-6779
- As of: 2026-05-23
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-6779
- Congress: 119
- Title: USDA Loan Modernization Act
- Status: in_committee
- Introduced: 2025-12-17
- Sponsor: Rep. Bost, Mike [R-IL-12] (R-IL)
- Cosponsors: 3
- Policy area: Agriculture and Food
- Touches household money: yes
- Last recorded action: 2026-05-23

## Summary

**Broadens who can qualify for USDA direct farm loans and standardizes ownership tests across loan programs.** It aligns real estate, operating, and emergency loan rules around a 50% operator threshold and a 75% test for embedded entities, and lets the Secretary define "qualified operators". - Farmers and operators: Individuals and entity members who hold at least 50% ownership and who are or will become bona fide operators can meet operator or owner-operator requirements for direct real estate, operating, and emergency loans. - Embedded entities and multi-entity ownership: An embedded entity will meet direct ownership tests if at least 75% of its ownership interests are held, directly or indirectly, by qualified operators of the farm supported with loan funds. - USDA administration and applicants: The Secretary is empowered to define who counts as a "qualified operator" and may determine appropriate ownership percentages in particular cases for operator-only or embedded-entity applicants.

## Cosponsors (3)

- Rep. Budzinski, Nikki [D-IL-13] (D-IL), 2025-12-17T00:00:00.000Z
- Rep. Rose, John W. [R-TN-6] (R-TN), 2025-12-17T00:00:00.000Z
- Rep. Vindman, Eugene Simon [D-VA-7] (D-VA), 2026-01-07T00:00:00.000Z

## Provisions PRIA read

- More USDA farm loan access: benefit, medium. If enacted, farmers and farm businesses would be able to qualify for more USDA direct loans for land, operations, and disaster recovery. The bill would replace "a majority" tests with an "at least 50 percent" ownership rule for operator and owner-operator tests. It would let embedded entities quali…

## Related bills

- 119-hr-3151: SHIPS for America Act of 2025
- 119-hr-9237: Take Care of America’s Veterans Act
- 119-hr-2725: Affordable Housing Credit Improvement Act of 2025
- 119-hr-842: Nancy Gardner Sewell Medicare Multi-Cancer Early Detection Screening Coverage Act
- 119-hr-1422: Enhanced Iran Sanctions Act of 2025
- 119-hr-9250: Great American Outdoors Act 250

## Sources
- [119-hr-6779 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/6779)

## Related
- [119-hr-3151: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-hr-3151)
- [119-hr-9237: Take Care of America’s Veterans Act](https://policyrisk.com/legislation/119-hr-9237)
- [119-hr-2725: Affordable Housing Credit Improvement Act of 2025](https://policyrisk.com/legislation/119-hr-2725)
- [119-hr-842: Nancy Gardner Sewell Medicare Multi-Cancer Early Detection Screening Coverage A…](https://policyrisk.com/legislation/119-hr-842)
- [119-hr-1422: Enhanced Iran Sanctions Act of 2025](https://policyrisk.com/legislation/119-hr-1422)
- [119-hr-9250: Great American Outdoors Act 250](https://policyrisk.com/legislation/119-hr-9250)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-6779 (as of 2026-05-23).