S 2023 United States Senate · 117th Congress

Relief for America's Small Farmers Act

Summary
Relief for America's Small Farmers Act This bill provides loan forgiveness of up to $250,000 for certain borrowers who are actively engaged in farming, have an average annual adjusted gross income of $300,000 or less over the previous five years, and have certain Department of Agriculture farm loans. The loan forgiveness is subject to the condition that the applicable borrower must continue to be actively engaged in farming for at least two years after receiving such forgiveness. The bill provides emergency funding for loan forgiveness.
Bill status in committee 1 of 4 stages cleared
Introduction
Jun 2021
Committee Review
Floor Vote
President
Introduced Jun 10, 2021 Last action Jun 10, 2021
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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
1
Jun 10, 2021
Committee
Read twice and referred to the Committee on Finance.
upper
Jun 10, 2021
Introduced
Introduced in Senate
upper
1 primary · 9 co-sponsors

Sponsors