Fair Credit for Farmers Act of 2025
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- Senate
- Sponsors
- 3
- Latest action
- Nov 6, 2025
What it does
The Fair Credit for Farmers Act of 2025 would provide temporary relief and reform for certain farmers and ranchers by deferring payments on direct farm loans for eligible borrowers—including limited resource, socially disadvantaged, beginning, and veteran farmers—during a two-year period after enactment, while setting the interest rate on those loans to 0.125% during the deferral and waiving guarantee fees on guaranteed loans for covered producers. The bill also reforms the Farm Service Agency’s loan processes by requiring more detailed explanations in adverse decisions, modifying collateral rules for principal residences, removing eligibility barriers based on prior debt write-downs, and…
No official summary is available here. This one was written by AI from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
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.