118th Congress · HOUSE BILLBILL

H.R. 9795 — HOMEGROWN Soil Health Act

“To authorize a pilot program for the making of 90-year, zero interest loans for the purchase of real estate to be used for agricultural production for 90 years.”

Agriculture and food

Introduced Sep 25, 2024

Last action Sep 25, 2024

Pipeline · Bill → Law

Step 1

Introduced

Sep 25, 2024

Step 2

Referred

Sep 25, 2024

Agriculture

Step 3

Committee

Step 4

House floor

Step 5

Senate

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

This bill establishes a Department of Agriculture (USDA) pilot program to offer 90-year, zero-interest loans to farmers to purchase up to 160 acres of land to grow certain crops (i.e., fruits or vegetables, tree nuts, dried fruits, horticulture, or nursery crops). Loans must be made to recipients in five U.S. regions (selected by USDA), and the loan recipients in each region must all be located within a single 100-mile radius.

Provisions · 2 sectionsIntroduced in House

Timeline · 2 actions

Sep 25, 2024

Introduced in House

Sep 25, 2024

Referred to the House Committee on Agriculture.