What is the current status of HR 6779?

HR 6779 is currently: Introduced.

Who sponsored HR 6779?

HR 6779 was sponsored by Mike Bost (R), Rep.

USDA Loan Modernization Act

IntroducedDecember 17, 2025

Introduced5 months ago

Intro

House

Senate

Pres

Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.

Agriculture and Food

Why This Matters

The USDA Loan Modernization Act makes it easier for individuals and groups to qualify for loans to buy or improve farm property. This change helps more farmers get the financial support they need to operate their farms successfully.

If you want to start a farm or improve your land, you may have a better chance of getting a loan.

Who this affects

Farmers · Individuals starting farming

What changes is this bill making?

1This bill allows more people to qualify for USDA loans.
2It changes the ownership requirement from a majority to at least 50 percent.
3It includes new rules for different types of farming entities.
4The bill aims to support farmers who want to operate their own land.
5It helps ensure that more individuals can access funding for farming.

Read full document

Last changed 5 months ago · checked hourly

USDA Loan Modernization Act

IntroducedDecember 17, 2025

Introduced5 months ago

Intro

House

Senate

Pres

Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.

Agriculture and Food

Why This Matters

If you want to start a farm or improve your land, you may have a better chance of getting a loan.

Who this affects

Farmers · Individuals starting farming

What changes is this bill making?

1This bill allows more people to qualify for USDA loans.
2It changes the ownership requirement from a majority to at least 50 percent.
3It includes new rules for different types of farming entities.
4The bill aims to support farmers who want to operate their own land.
5It helps ensure that more individuals can access funding for farming.

Read full document

Last changed 5 months ago · checked hourly