Future Farmers and Ranchers of Tomorrow Act of 2024
This bill amends eligibility rules for farm loans under the Consolidated Farm and Rural Development Act. It reorganizes the criteria for qualifying as a "beginning farmer or rancher" by removing and renumbering specific subsections. The change directly affects new or beginning farmers and ranchers seeking USDA farm loans. The key mechanism simplifies the eligibility structure without adding new benefits or requirements. This is a procedural adjustment to existing loan eligibility rules.
Bill status
in committee
1 of 4 stages cleared
Introduction
May 2024
Committee Review
Floor Vote
President
Introduced May 1, 2024
Last action Sep 3, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
0
Committee
2
Sep 3, 2024
Committee
Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.
lower
May 1, 2024
Committee
Referred to the House Committee on Agriculture.
lower
May 1, 2024
Introduced
Introduced in House
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Summer L. Lee
DDemocratic
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