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House Bill 8472
119th Congress(2025-2026)
Support for Ownership and Investment in Land Act of 2026
Introduced
Introduced
Introduced in House on Apr 23, 2026
Overview
Text
Bill Intelligence

The bill establishes an Expedited Approval Pilot Program aimed at streamlining the qualification and approval process for direct and guaranteed farm ownership loans. The program requires the Secretary to consider simplifying loan assessments and mandates reporting on the program's actions and results to Congress. The pilot program is set to terminate on September 30, 2031. Additionally, the bill includes conforming amendments to the Consolidated Farm and Rural Development Act, involving timing requirements for certain activities.

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Sponsor
Republican
Introduced
Apr 23, 2026
Latest Action
Apr 23, 2026
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
8472
Congress
119
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
Republican
Don Bacon
Nebraska
House Votes (0)
Senate Votes (0)
No House votes have been held for this bill.
Summary

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.

Text (1)
Introduced in House
April 23, 2026
Related Bills (1)
Apr 30, 2026
Passed House
1
Sponsorship
House Bill 7567
Farm, Food, and National Security Act of 2026
Active
Amendments
Type
Related Bill
Related Bill
A related bill may be a companion measure, an identical bill, a procedurally-related measure, or one with text similarities. Bill relationships are identified by the House, the Senate, or CRS, and refer only to same-Congress measures.
Identified By
CRS
Actions (2)
04/23/2026
Referred to the House Committee on Agriculture.
04/23/2026
Introduced in House
Graphics
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H.R.8472 119 Support for Ownership and Investment in Land Act of 2026
Public Record
Record Updated
Jul 17, 2026 11:39:00 PM
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