Bill SponsorBILLSPONSOR
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Politicians
Bills
House Bill 8042
116th Congress(2019-2020)
Helping America’s Farmers Act
Introduced
Introduced
Introduced in House on Aug 14, 2020
Overview
Text
Introduced
Aug 14, 2020
Latest Action
Sep 11, 2020
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
8042
Congress
116
Policy Area
Agriculture and Food
Agriculture and Food
Primary focus of measure is agricultural practices; agricultural prices and marketing; agricultural education; food assistance or nutrition programs; food industry, supply, and safety; aquaculture; horticulture and plants. Measures concerning international trade in agricultural products may fall under Foreign Trade and International Finance policy area.
Sponsorship by Party
Democrat
Jahana Hayes
Connecticut
Democrat
TJ Cox
California
Democrat
Michael San Nicolas
Guam
Democrat
Chellie Pingree
Maine
Democrat
Ann McLane Kuster
New Hampshire
Democrat
Antonio Delgado
New York
Democrat
Sean Maloney
New York
House Votes (0)
Senate Votes (0)
No House votes have been held for this bill.
Summary

Helping America's Farmers Act

This bill directs the Farm Service Agency (FSA) of the Department of Agriculture (USDA) to carry out a program to provide economic disaster loans to certain agricultural entities with an adjusted gross income of less than or equal to $500,000.

Under the program, such entities are eligible for loans of up to $2 million and may seek loan forgiveness based on demonstrated economic hardship.In making loans, priority must be given to (1) entities located in states most impacted by an economic disaster; and (2) minority, veteran, and women farmers and ranchers.

The FSA may guarantee a loan to certain agricultural entities with an adjusted gross income of greater than $500,000 if such loan meets certain requirements.

Entities that apply for a loan or loan guarantee may request that the FSA provide an emergency grant of at least $20,000 upon application.

The bill provides funding for USDA to carry out a training program to provide FSA staff with appropriate training relating to economic injury loan processing and servicing.

Text (1)
Introduced in House
August 14, 2020
Actions (3)
09/11/2020
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
08/14/2020
Referred to the Committee on Agriculture, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
08/14/2020
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:45:26 PM
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