PRECISE Act

The PRECISE Act (HR 1459) modifies existing USDA loan and conservation programs to specifically support farmers and ranchers adopting precision agriculture technologies. It expands eligibility for loan guarantees and increases payments under the Environmental Quality Incentives Program (EQIP) and Conservation Stewardship Program (CSP) for practices involving precision agriculture - such as GPS-guided equipment, soil sensors, and data management software. The bill defines "precision agriculture" broadly to include technologies that reduce input use (like fertilizer or water) while improving efficiency, and requires USDA agencies to coordinate on these programs. Directly affects farmers using EQIP/CSP, with special provisions for socially disadvantaged and beginning farmers. It does not create new programs but adjusts existing funding mechanisms to prioritize precision agriculture adoption.