Bill · H.R. 6779· House(119-HR-6779)
USDA Loan Modernization Act
- Introduced
- 12/17/2025
- Last activity
- 5/20/2026 — Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.
- Sponsored by
- Mike Bost
- Cosponsors
- - 1 - 2
- Introduced
- In Committee
What this bill would do
The USDA Loan Modernization Act aims to amend the Consolidated Farm and Rural Development Act. This bill seeks to expand eligibility for direct loans to specific individuals or entity members. It focuses on those who hold at least a 50 percent interest and are or will become bona fide operators of farm real estate. The changes apply to real estate loans, operating loans, and emergency loans.
Yes· 3 of 9
Would farmers be better off under this?+5
The bill expands the criteria for qualifying for real estate, operating, and emergency loans, benefiting more farm operators.
Would business owners be better off under this?+4
The bill specifically eases the requirements for entity members and operators to qualify for farm-related loans.
Would people in rural areas be better off under this?+3
The expansion of USDA loan eligibility supports the economic stability of rural agricultural areas.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
-
Expanded Loan Eligibility for Operators: The bill changes the requirement from "a majority" to "at least a 50 percent" interest, which expands who can qualify for loans (Section 2).
-
Support for Operating-Only Entities: An applicant that is or will become only the operator of farm real estate can meet owner-operator requirements if one or more owners own at least 50 percent of the applicant (Section 2, paragraph 2, subparagraph B).
-
Support for Embedded Entities: Certain entities owned in whole or in part by other entities may meet direct ownership requirements if at least 75 percent of the total ownership interests are owned by qualified operators (Section 2, paragraph 2, subparagraph C; Section 4, paragraph 2, subparagraph C).
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Inclusion of Qualified Operators: The bill allows "qualified operators," as defined by the Secretary, to meet specific operator requirements for loans (Section 2, paragraph 2, subparagraph A; Section 3, paragraph 2, subparagraph A; Section 4, paragraph 2, subparagraph A).
Potential Negative Impacts for People
- No specific negative impacts or burdens are explicitly stated in the provided text.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Farmers+5Good For Business Owners+4Good For Rural Residents+3Good For Middle Class Households+2Good For Low Income Households+1
- Economy And Finance
- Improves Small Business Support+3Increases Job Creation+2
- Environment Energy And Infrastructure
- Improves Rural Development+3
- Social Issues And Justice
- Improves Poverty Reduction+1
- 5/20/2026
- Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.
- 1/7/2026
- 1 Cosponsor added.
- 12/17/2025
- Referred to the House Committee on Agriculture.
- 2 Cosponsors added.
- Introduced in House
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
Nikki BudzinskiDemocrat · Illinois
John RoseRepublican · Tennessee
Eugene VindmanDemocrat · Virginia