Expedited Guaranteed Lender Pilot Program Act
119-HR-7475119th CongressIntroduced Feb 10, 2026Agriculture and Food
Market Probability
No market
Status
Introduced
Committee
Floor Vote
Other Chamber
Signed
Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.
Sponsor
Rep. Scott, Austin [R-GA-8](R-GA-8)Summary
Expedited Guaranteed Lender Pilot Program Act
This bill establishes a pilot program for an expedited qualification and approval process for eligible Department of Agriculture (USDA) bridge loans.
Under a new pilot program, USDA must streamline the application review process for borrowers seeking USDA guaranteed bridge loans that are serviced by a Preferred Certified Lender. Specifically, USDA must consider streamlining the process for (1) certifying eligibility and reviewing financial information, and (2) making determinations regarding the farming plan and financial situation of an applicant.
The pilot program expires on September 30, 2031.
Actions (4)
Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.
Mar 20, 2026House committee actions
Referred to the House Committee on Agriculture.
Feb 10, 2026House floor actions
Introduced in House
Feb 10, 2026Library of Congress
Introduced in House
Feb 10, 2026Library of Congress