Expedited Guaranteed Lender Pilot Program Act
This bill creates a 5-year pilot program (ending September 2031) to speed up loan guarantee approvals for bridge loans to creditworthy farmers and small businesses. It streamlines the Secretary's review process for Preferred Certified Lenders, allowing faster qualification and approval without changing eligibility rules. The program requires annual reports to Congress on results and is limited to loans serviced by these designated lenders. It directly affects borrowers seeking these specific loans and the lenders managing them.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2026
Committee Review
Floor Vote
President
Introduced Feb 10, 2026
Last action Mar 20, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
0
Committee
2
Mar 20, 2026
Committee
Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.
lower
Feb 10, 2026
Committee
Referred to the House Committee on Agriculture.
lower
Feb 10, 2026
Introduced
Introduced in House
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Austin Scott
RRepublican
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