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H.R. 8448

BillFederalHouseIn Committee
SOIL Act
About This Bill
Committee
Latest Action · September 3, 2024
Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.
Congress
118th (2023–2025)
Introduced
May 17, 2024
Cosponsors (2)
1D 1R
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Summary

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Support for Ownership and Investment in Land Act or the SOIL Act This bill directs the Farm Service Agency (FSA) to carry out a pilot program to establish a pre-approval process for Direct Farm Ownership Loans. As background, the FSA Direct Loan Program provides Farm Ownership Loans to farmers and ranchers for the purchase and development of farm property.

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