H.R. 7475

119th Congress

In Committee

Expedited Guaranteed Lender Pilot Program Act

Sponsored byRepublican:Rep. Scott, Austin [R-GA-8]GA· Introduced 10 February 2026

0

Cosponsors

4

Actions

0

Amendments

1

Committees

Since introduced

Introduced
Committee
Passed Chamber
Passed Both
Enacted
Step 1 of 0
Latest action

Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.

20 March 2026·4 months ago

Summary

Introduced in House · Updated 17 July 2026

Expedited Guaranteed Lender Pilot Program Act

This bill establishes a pilot program for an expedited qualification and approval process for eligible Department of Agriculture (USDA) bridge loans.

Under a new pilot program, USDA must streamline the application review process for borrowers seeking USDA guaranteed bridge loans that are serviced by a Preferred Certified Lender. Specifically, USDA must consider streamlining the process for (1) certifying eligibility and reviewing financial information, and (2) making determinations regarding the farming plan and financial situation of an applicant.

The pilot program expires on September 30, 2031.

Timeline

4 actions

  1. Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.

    20 March 2026 · Committee

  2. Referred to the House Committee on Agriculture.

    10 February 2026 · IntroReferral

  3. Introduced in House

    10 February 2026 · IntroReferral

  4. Introduced in House

    10 February 2026 · IntroReferral

  5. Introduced in House

    10 February 2026 · IntroReferral

Sponsorship

0 cosponsors

Sponsor

Republican:Rep. Scott, Austin [R-GA-8]GA

Classification

Policy area

Agriculture and Food

Committees

1

  • Agriculture Committee

    House · Standing

    • Referred To10 Feb 2026
    • General Farm Commodities, Risk Management, and Credit Subcommittee

      • Referred to20 Mar 2026
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