Federal RuleAug 21
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DOL Rewrites Disability Rules for 'Merit-Based Opportunity' Push
RuleLabor DepartmentFederal Contract Compliance Programs OfficeSignificant Wallet
119-hr-8472119th CongressWALLET
Support for Ownership and Investment in Land Act of 2026
Sponsored By: Representative Bacon, Don [R-NE-2]
Introduced
Summary
Expedited approval for farm ownership loans would create a faster pathway for two types of USDA farm ownership loans to reach creditworthy borrowers.
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Bill Overview
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
Faster farm loan approvals pilot
If enacted, this bill would create a pilot to speed approvals for farm ownership loans. The pilot would cover direct farm ownership loans and guaranteed farm ownership loans that a Preferred Certified Lender services when that lender finds the borrower creditworthy. The Agriculture Secretary would start the pilot not later than 1 year after enactment, send an initial report within 1 year, and then send annual reports to the House and Senate Agriculture Committees. The pilot would only allow shortening application timing and would not let agencies waive other statutory loan requirements. The pilot authority would end on September 30, 2031.
Sponsors & CoSponsors
Sponsor
Bacon, Don [R-NE-2]
NE • R
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov