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US HB5004
Bill
Status
8/19/2025
Primary Sponsor
Zachary Nunn
Click for details
AI Summary
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Reduces the experience requirement for USDA direct farm real estate loans from 3 years to 1 year of substantially participating in farm or ranch management and business operations
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Allows the Secretary of Agriculture to accept alternative education or experience in lieu of the farming experience requirement
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Lowers the waiver threshold from the current 1-2 year reduction option to a 6-month minimum experience requirement
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Amends Section 302(b) of the Consolidated Farm and Rural Development Act (7 U.S.C. 1922(b))
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Introduced August 19, 2025 by Rep. Nunn (R-IA) and Rep. Crockett (D-TX) with bipartisan support; referred to House Committee on Agriculture
Legislative Description
Next Generation of Farmers Act of 2025
Agriculture and food
Last Action
Referred to the House Committee on Agriculture.
8/19/2025