Support for Ownership and Investment in Land Act of 2026

Sponsored byRep. Bacon, Don [R-NE-2]NE· Introduced 23 avril 2026

Open on Congress.gov

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Referred to the House Committee on Agriculture.

23 avril 2026·3 months ago

Summary

Introduced in House · Updated 15 juillet 2026

Support for Ownership and Investment in Land Act of 2026

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

Under a new pilot program, USDA must streamline the application review process for borrowers seeking (1) direct farm ownership loans, or (2) USDA guaranteed farm ownership 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

3 actions

Referred to the House Committee on Agriculture.
23 avril 2026 · IntroReferral
Introduced in House
23 avril 2026 · IntroReferral
Introduced in House
23 avril 2026 · IntroReferral

Sponsorship

0 cosponsors

Sponsor

Rep. Bacon, Don [R-NE-2]NE

Classification

Policy area

Agriculture and Food

Committees

Agriculture Committee
House · Standing
- Referred To23 Apr 2026

Track Support for Ownership and Investment in Land Act of 2026 as it moves through Congress