Bills/H.R. 3211

Precision Agriculture Loan Program Act of 2025

Precision Agriculture Loan Program Act of 2025

In CommitteeAgricultureHouseHouse Bill · 119th Congress
Bill Progress · House
Introduced
Committee
Passed House
Passed Senate
Passed Both
Signed

Plain Language Summary

# Precision Agriculture Loan Program Act of 2025 – Plain Language Summary **What the Bill Does:** This bill would create a new loan program through the U.S. Department of Agriculture's Farm Service Agency to help farmers buy advanced technology and equipment. The loans would support "precision agriculture"—using tools like GPS mapping, software that analyzes farm data, and wireless connectivity systems to make farming more efficient.

Farmers could borrow up to $500,000 through this program to purchase these technologies, which help them use less seed, fertilizer, water, and chemicals while improving crop and livestock production. **Who It Affects:** The program is designed for agricultural producers (farmers and ranchers) who want to adopt modern farming technology but may need financial assistance to do so. It could benefit equipment manufacturers and tech companies that serve the agricultural sector, and potentially consumers through more efficient food production. **Current Status:** The bill was introduced by Representative Randy Feenstra (R-Iowa) in the 119th Congress and is currently in committee, meaning it has not yet been voted on by the full House of Representatives. It remains in the early stages of the legislative process.

CRS Official Summary

Precision Agriculture Loan Program Act of 2025This bill establishes a loan program within the Farm Service Agency to assist agricultural producers in purchasing precision agriculture equipment and technology, such as geospatial mapping, data management and analytics software, and network connectivity products and solutions. Under this program, the maximum aggregate loan amount of a precision agriculture loan is $500,000.Precision agriculture refers to managing, tracking, or reducing crop or livestock production inputs, including seed, feed, fertilizer, chemicals, water, and time, at a heightened level of spatial and temporal granularity to improve efficiencies, reduce waste, and maintain environmental quality.

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Latest Action

May 6, 2025

Referred to the House Committee on Agriculture.

Sponsor

2 cosponsors

Key Dates

Introduced
May 6, 2025
Last Updated
May 6, 2025
Read Full Text on Congress.gov →
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