[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4657 Introduced in House (IH)]
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119th CONGRESS
1st Session
H. R. 4657
To amend the Consolidated Farm and Rural Development Act to modify
limitations on access to farm ownership loans for beginning farmers and
ranchers.
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IN THE HOUSE OF REPRESENTATIVES
July 23, 2025
Mr. Finstad (for himself and Mr. Riley of New York) introduced the
following bill; which was referred to the Committee on Agriculture
_______________________________________________________________________
A BILL
To amend the Consolidated Farm and Rural Development Act to modify
limitations on access to farm ownership loans for beginning farmers and
ranchers.
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 ``Next Generation Farmer Act''.
SEC. 2. EXPERIENCE REQUIREMENTS.
Section 302(b) of the Consolidated Farm and Rural Development Act
(7 U.S.C. 1922(b)) is amended--
(1) in paragraph (1), in the matter preceding subparagraph
(A), by striking ``3 years'' and inserting ``1 year''; and
(2) by striking paragraph (4) and inserting the following:
``(4) Waiver authority.--In the case of a qualified
beginning farmer or rancher, the Secretary may waive the 1-year
requirement in paragraph (1) if the farmer or rancher has--
``(A) at least 1 year of experience as hired farm
labor with substantial management responsibilities; or
``(B) an established relationship with an
individual who has experience in farming or ranching,
or is a retired farmer or rancher, and is participating
as a counselor in a Service Corps of Retired Executives
program authorized under section 8(b)(1)(B) of the
Small Business Act (15 U.S.C. 637(b)(1)(B)), or with a
local farm or ranch operator or organization, approved
by the Secretary, that is committed to mentoring the
farmer or rancher.''.
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