119 HR 9974 IH: Young Farmer Success Act U.S. House of Representatives 2026-07-27 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.

I119th CONGRESS2d SessionH. R. 9974IN THE HOUSE OF REPRESENTATIVESJuly 27, 2026Mr. Thompson of Pennsylvania (for himself, Mr. Courtney, Ms. De La Cruz, and Ms. Budzinski) introduced the following bill; which was referred to the Committee on Education and WorkforceA BILLTo amend the Higher Education Act of 1965 to include certain individuals who work on farms or ranches as individuals who are employed in public service jobs for purposes of eligibility for loan forgiveness under the Federal Direct Loan program.

1.

Short title

This Act may be cited as the Young Farmer Success Act.

2.

Eligibility of certain farm and ranch workers for student loan forgiveness

(a)

Eligibility

Section 455(m)(3)(B) of the Higher Education Act of 1965 (20 U.S.C. 1087e(m)(3)(B)) is amended— (1)in clause (i), by striking or at the end; (2)in clause (ii), by striking the period at the end and inserting ; or; and (3)by adding at the end the following: (iii)a full-time job engaged in farm work as an employee or manager of a qualified farm or ranch.. (b)

Definition

Section 455(m)(3) of such Act (20 U.S.C. 1087e(m)(3)) is amended by adding at the end the following: (C)

Qualified farm or ranch

The term qualified farm or ranch means, with respect to a year, a farm or ranch whose earnings of gross revenue during the year from the sale of agricultural products are equal to or greater than— (i)in the case of 2026, $35,000; or (ii)in the case of any succeeding year, the amount applicable under this subparagraph for the previous year increased by the estimated percentage change in the Consumer Price Index (as determined by the Secretary, using the definition in section 478(f)) for the most recent year preceding such year..