119-hr3211

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3211 Introduced in House

    (IH) ]

<DOC>

119th CONGRESS
 1st Session
 H. R. 3211

To amend the Food, Conservation, and Energy Act of 2008 to establish a 
 precision agriculture loan program, and for other purposes.

_______________________________________________________________________

 IN THE HOUSE OF REPRESENTATIVES

 May 6, 2025

 Mr. Feenstra (for himself and Mr. Panetta) introduced the following 
 bill; which was referred to the Committee on Agriculture

_______________________________________________________________________

 A BILL

To amend the Food, Conservation, and Energy Act of 2008 to establish a 
 precision agriculture loan program, and for other purposes.

 Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

 This Act may be cited as the ``Precision Agriculture Loan Program 
Act of 2025''.

SEC. 2. PRECISION AGRICULTURE LOAN PROGRAM.

 Subtitle F of title I of the Food, Conservation, and Energy Act of 
2008 is amended by inserting after 

section 1614 (7 U.S.C. 8789) the 
following:

``

SEC. 1614A. PRECISION AGRICULTURE LOAN PROGRAM.

 ``

    (a) 

=== Definitions. ===
-In this section:
 ``

    (1) Precision agriculture.--The term `precision 
 agriculture' means managing, tracking, or reducing crop or 
 livestock production inputs, including seed, feed, fertilizer, 
 chemicals, water, and time, at a heightened level of spatial 
 and temporal granularity to improve efficiencies, reduce waste, 
 and maintain environmental quality.
 ``

    (2) Precision agriculture equipment.--The term `precision 
 agriculture equipment' means any equipment or technology that 
 directly contributes to a reduction in, or improved efficiency 
 of, inputs used in crop or livestock production, including--
 ``
        (A) Global Positioning System-based or geospatial 
 mapping;
 ``
        (B) satellite or aerial imagery;
 ``
            (C) yield monitors;
 ``
            (D) soil mapping;
 ``
        (E) sensors for gathering data on crop, soil, or 
 livestock conditions;
 ``
        (F) Internet of Things and telematics 
 technologies;
 ``
        (G) data management software and advanced 
 analytics;
 ``
        (H) network connectivity products and solutions;
 ``
            (I) Global Positioning System guidance or auto-
 steer systems;
 ``
        (J) variable rate technology for applying inputs, 
 such as section control; and
 ``
        (K) any other technology, as determined by the 
 Secretary, that leads to a reduction in, or improves 
 efficiency of, crop and livestock production inputs, 
 which may include seed, feed, fertilizer, chemicals, 
 water, and time.
 ``

    (b) Program.--As soon as practicable after the date of enactment 
of this section, the Secretary shall establish a precision agriculture 
loan program to encourage the adoption of precision agriculture by 
providing funds to producers engaged in livestock or crop production 
for the purchase of precision agriculture equipment.
 ``
            (c) Administration.--The precision agriculture loan program under 
this section shall be administered by the Secretary, acting through the 
Deputy Administrator for Farm Programs of the Farm Service Agency.
 ``
            (d) Eligible Producers.--A precision agriculture loan under this 
section shall be made available to any producer described in subsection

    (b) that, as determined by the Secretary--
 ``

    (1) has a satisfactory credit history;
 ``

    (2) will use the loan funds to purchase precision 
 agriculture equipment; and
 ``

    (3) demonstrates an ability to repay the loan.
 ``

    (e) Term of Loans.--A precision agriculture loan under this 
section shall have a maximum term of 12 years.
 ``

    (f) Loan Amount.--The maximum aggregate loan amount of a 
precision agriculture loan under this section shall be $500,000.
 ``

    (g) Loan Security.--Approval of a precision agriculture loan 
under this section shall require the borrower to provide loan security 
to the Secretary, in the form of--
 ``

    (1) a lien on the precision agriculture equipment being 
 purchased; or
 ``

    (2) such other security as is acceptable to the 
 Secretary.
 ``

    (h) Reporting.--
 ``

    (1) Definition of recipient producer.--In this 
 subsection, the term `recipient producer' means an eligible 
 producer described in subsection
            (d) that received a precision 
 agriculture loan under this section during the fiscal year 
 covered by the applicable report prepared under paragraph

    (2) .
 ``

    (2) Preparation of report.--For each fiscal year, the 
 Secretary shall prepare a report that includes--
 ``
        (A) aggregate data based on a review of each 
 outstanding loan made by the Secretary under this 
 section; and
 ``
        (B) a description of--
 ``
            (i) for the United States and for each 
 State and county (or equivalent jurisdiction) 
 in the United States--
 ``
            (I) the age of each recipient 
 producer;
 ``
            (II) the duration during which 
 each recipient producer has engaged in 
 agricultural production;
 ``
            (III) the size of the farm or 
 ranch of each recipient producer;
 ``
            (IV) the total amount provided as 
 loans under this section for each 
 category of equipment or technology 
 described in subparagraphs
        (A) through
        (K) of subsection

    (a)

    (2) during the 
 fiscal year covered by the report; and
 ``
            (V) the estimated input reduced 
 or environmental benefits received per 
 category of equipment or technology 
 described in those subparagraphs with 
 respect to which a loan was provided 
 under this section during the fiscal 
 year covered by the report or any prior 
 fiscal year, including the estimated 
 input reduced or environmental benefits 
 received per category--
 ``

    (aa) during the fiscal 
 year covered by the report with 
 respect to--

 ``

    (AA) loans 
 provided under this 
 section during that 
 fiscal year; and

 ``

    (BB) loans 
 provided under this 
 section during that 
 fiscal year or any 
 prior fiscal year; and

 ``

    (bb) in the aggregate 
 with respect to all loans 
 provided under this section 
 during or prior to the fiscal 
 year covered by the report;
 ``
            (VI) the race, ethnicity, and 
 gender of each recipient producer;
 ``
            (VII) the 1 or more agricultural 
 commodities or types of enterprise for 
 which each loan provided under this 
 section during the fiscal year was 
 provided;
 ``
            (VIII) the amount of each loan 
 provided under this section during the 
 fiscal year; and
 ``
            (IX) the default rate of the 
 loans made under this section during--
 ``

    (aa) the fiscal year 
 covered by the report;
 ``

    (bb) each preceding 
 fiscal year; and
 ``
            (cc) in the aggregate 
 with respect to all loans 
 provided under this section 
 during or prior to the fiscal 
 year covered by the report; and
 ``
            (ii) for each State and county (or 
 equivalent jurisdiction) in the United States, 
 the number of outstanding loans made under this 
 section, according to the loan size cohort.
 ``

    (3) Submission of report.--The Secretary shall--
 ``
        (A) not later than 1 year after the date of 
 enactment of this Act, and annually thereafter, submit 
 the report described in paragraph

    (2) to--
 ``
            (i) the Committee on Agriculture, 
 Nutrition, and Forestry of the Senate;
 ``
            (ii) the Committee on Appropriations of 
 the Senate;
 ``
            (iii) the Committee on Agriculture of the 
 House of Representatives; and
 ``
            (iv) the Committee on Appropriations of 
 the House of Representatives; and
 ``
        (B) not later than 90 days after the date on 
 which the report is submitted under subparagraph
        (A) , 
 make the report publicly available.
 ``
            (i) Authorization of Appropriations.--There are authorized to be 
appropriated to the Secretary such sums as are necessary to carry out 
this section.''.
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