Summary: H.R.4988 — 115th Congress (2017-2018)All Information (Except Text)

There is one summary for H.R.4988. Bill summaries are authored by CRS.

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Introduced in House (02/08/2018)

Conservation Assistance Loan Act of 2018

This bill establishes a Department of Agriculture (USDA) nonrecourse conservation assistance loan program. Under the program, farmers who receive loans must meet certain conservation requirements, including: (1) complying with applicable conservation and wetland protection requirements under the Food Security Act of 1985, (2) using a reduced tillage method and nutrient management practices, and (3) planting a cover crop.

(Under a nonrecourse loan, a farmer pledges a commodity as collateral and may deliver the pledged collateral to USDA to repay the loan.)