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Producer and Agricultural Credit Enhancement Act of 2025

In committee: it can still change before the session ends.

US S 899 · Senate Bill · 119th Congress

Draft a letter
Stage
In committee
Started in
Senate
Sponsors
3
Latest action
Mar 6, 2025

What it does

The Producer and Agricultural Credit Enhancement Act of 2025 would increase loan limits for farm ownership and operating loans under the Consolidated Farm and Rural Development Act, raising the maximum farm ownership loan from $600,000 to $850,000 (or $1.75 million to $3 million for guaranteed loans) and the operating loan limit from $400,000 to $750,000 (or $1.75 million to $2.6 million for guaranteed loans), effective beginning fiscal year 2025. It would also double the microloan limit from $50,000 to $100,000, modify how loan limits are adjusted for inflation by using farmland value indices instead of the Prices Paid By Farmers Index, and authorize the refinancing of certain distressed…

No official summary is available here. This one was written by AI from the bill’s text.

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Where it stands

  1. Introduced (Done)

    Mar 6, 2025

  2. Committee (Current step)

    In committee · Mar 6, 2025

  3. Floor (Not started)

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

Where it goes next

While a bill can still move, the questions are about people and money.

Work with this bill

Producer and Agricultural Credit Enhancement Act of 2025 | 52