RepublicanBill · H.R. 4657· House(119-HR-4657)

Next Generation Farmer Act

Rep. Finstad
Age: 50 years
Minnesota
Introduced
7/23/2025
Last activity
7/23/2025 — Referred to the House Committee on Agriculture.
Sponsored by
Brad Finstad
Cosponsors
Republican - 0Democrat - 1
Agriculture and Food
  1. Introduced
  2. In Committee

What this bill would do

This bill, titled the ``Next Generation Farmer Act'', aims to change the Consolidated Farm and Rural Development Act. It focuses on modifying the current limitations regarding access to farm ownership loans for beginning farmers and ranchers. Specifically, the legislation seeks to reduce the required experience period. The bill would change the current requirement from 3 years to 1 year. It also introduces new waiver authority for the Secretary to use under certain conditions.

Yes· 3 of 10

  • Would farmers be better off under this?+6

    The bill directly assists beginning farmers and ranchers by reducing the experience needed to qualify for ownership loans.

  • Would people in their twenties and thirties be better off under this?+5

    The reduction in required experience from three years to one year specifically benefits younger or newer entrants to the farming industry.

  • Would business owners be better off under this?+5

    The bill provides easier paths to business ownership for beginning farmers and ranchers through reduced requirements and waivers.

The opposite

No question was scored the opposite.