Pipeline · Bill → Law
Step 1
Introduced
May 8, 2024
Step 2
Referred
May 8, 2024
HELP
Step 3
Committee
Step 4
Senate
Step 5
House floor
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary
This bill establishes a student loan forgiveness program for certain farmers or ranchers. Specifically, to receive loan forgiveness under this bill, a borrower must (1) make 120 monthly loan payments under a specified repayment plan while employed full-time at a qualified farm or ranch; and (2) fall within certain categories of individuals such as a beginner farmer or rancher, an individual underrepresented in the agricultural profession, or a veteran farmer or rancher.
Timeline · 2 actions
May 8, 2024
Introduced in Senate
May 8, 2024
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.