3.0.0 8057 2023-01-11T13:45:26Z 2023-01-11T13:45:26Z House HR 2020-08-14 116 [Congressional Record Volume 166, Number 146 (Friday, August 14, 2020)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Ms. SPANBERGER:H.R. 8057.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8 of the United States Constitution.[Page H4238]]]> hsag00 Agriculture Committee House Standing hsag22 Commodity Markets, Digital Assets, and Rural Development Subcommittee Referred to 2020-10-01T17:21:38Z Referred to 2020-08-14T18:04:05Z 2020-10-01 hsag22 Commodity Markets, Digital Assets, and Rural Development Subcommittee 1 House committee actions Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit. Committee 2020-08-14 Referred to the House Committee on Agriculture. IntroReferral H11100 2 House floor actions hsag00 Agriculture Committee 2020-08-14 Introduced in House IntroReferral Intro-H 9 Library of Congress 2020-08-14 Introduced in House IntroReferral 1000 9 Library of Congress S001209 Rep. Spanberger, Abigail Davis [D-VA-7] Abigail Spanberger D VA Davis 7 N Agriculture and Food Agricultural conservation and pollution Agricultural practices and innovations Agricultural prices, subsidies, credit Farmland Government lending and loan guarantees Interest, dividends, interest rates Agriculture and Food 00 2020-08-14 Introduced in House 2022-03-29T17:49:44Z Healthy Soil, Resilient Farmers Act of 2020

This bill revises the conservation loan and loan guarantee program of the Department of Agriculture (USDA) to authorize USDA to provide loans for soil health transition plans. A soil health transition plan is a comprehensive, whole-farm plan, approved by USDA, that, for a farming or ranching operation, identifies the conservation activities that will be addressed with loan funds provided or guaranteed to assist the borrower in making a transition to a farming or ranching production and conservation system.

USDA may limit eligibility for soil health transition loans to certain entities, including farmers or ranchers whose farm or ranch land is subject to the jurisdiction of an Indian tribe.

USDA must establish terms and conditions for making or guaranteeing soil health transition loans that waive principal and interest repayment for up to three years from the date on which the loan is made or guaranteed in order for the borrower to make a satisfactory transition to the farming or ranching production and conservation system under a soil health transition plan.

]]> Healthy Soil, Resilient Farmers Act of 2020 Display Title Healthy Soil, Resilient Farmers Act of 2020 Short Title(s) as Introduced Healthy Soil, Resilient Farmers Act of 2020 Introduced in House IH Official Title as Introduced To amend the Consolidated Farm and Rural Development Act with respect to the conservation loan and loan guarantee program. Introduced in House IH Introduced in House 2020-08-14T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116hr8057ih/xml/BILLS-116hr8057ih.xml 2020-10-01 Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.