H.R. 8057 · 116th Congress
Healthy Soil, Resilient Farmers Act of 2020
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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
SpanbergerSponsorNo cosponsors.
This bill revises the conservation loan and loan guarantee program of the Department of Agriculture (USDA) to authorize USDA to provide loans for soil health transition plans.
What it does: CRS summary · Introduced in House · Aug 14, 2020
Healthy Soil, Resilient Farmers Act of 2020
This bill revises the conservation loan and loan guarantee program of the Department of Agriculture (USDA) to authorize USDA to provide loans for soil health transition plans. A soil health transition plan is a comprehensive, whole-farm plan, approved by USDA, that, for a farming or ranching operation, identifies the conservation activities that will be addressed with loan funds provided or guaranteed to assist the borrower in making a transition to a farming or ranching production and conservation system.
USDA may limit eligibility for soil health transition loans to certain entities, including farmers or ranchers whose farm or ranch land is subject to the jurisdiction of an Indian tribe.
USDA must establish terms and conditions for making or guaranteeing soil health transition loans that waive principal and interest repayment for up to three years from the date on which the loan is made or guaranteed in order for the borrower to make a satisfactory transition to the farming or ranching production and conservation system under a soil health transition plan.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Healthy Soil, Resilient Farmers Act of 2020
Latest action (Oct 1, 2020): Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
Policy area: Agriculture and Food · Origin: House · Introduced: Aug 14, 2020
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.