8472 -- Support for Ownership and Investment in Land Act of 2026 | Poliscope

Support for Ownership and Investment in Land Act of 2026

8472

119th Congress

Agriculture and Food

In Committee

Legislative Progress

✓

Introduced

Committee

Floor Vote

Other Chamber

Enacted

Introduced

April 23, 2026

Latest Action

April 23, 2026

Primary Sponsor

Don BaconRepublican(NE)

Momentum (last 30 days)

score

0 actions · 0 new cosponsors · 0 votes

Speed vs cohort

0pct

0d open

vs 10,940 other HR bills in the 119th — cohort avg 30d

Summary

Support for Ownership and Investment in Land Act of 2026 This bill establishes a pilot program for an expedited qualification and approval process for eligible Department of Agriculture (USDA) farm ownership loans. Under a new pilot program, USDA must streamline the application review process for borrowers seeking (1) direct farm ownership loans, or (2) USDA guaranteed farm ownership loans that are serviced by a Preferred Certified Lender. Specifically, USDA must consider streamlining the process for (1) certifying eligibility and reviewing financial information, and (2) making determinations regarding the farming plan and financial situation of an applicant. The pilot program expires on September 30, 2031.