Precision Agriculture Loan Program Act of 2025
119-HR-3211119th CongressIntroduced May 6, 2025Agriculture and Food
Market Probability
No market
Status
Introduced
Committee
Floor Vote
Other Chamber
Signed
Referred to the House Committee on Agriculture.
Sponsor
Rep. Feenstra, Randy [R-IA-4](R-IA-4)2 cosponsors
Summary
Precision Agriculture Loan Program Act of 2025
This bill establishes a loan program within the Farm Service Agency to assist agricultural producers in purchasing precision agriculture equipment and technology, such as geospatial mapping, data management and analytics software, and network connectivity products and solutions. Under this program, the maximum aggregate loan amount of a precision agriculture loan is $500,000.
Precision agriculture refers to managing, tracking, or reducing crop or livestock production inputs, including seed, feed, fertilizer, chemicals, water, and time, at a heightened level of spatial and temporal granularity to improve efficiencies, reduce waste, and maintain environmental quality.
Actions (3)
Referred to the House Committee on Agriculture.
May 6, 2025House floor actions
Introduced in House
May 6, 2025Library of Congress
Introduced in House
May 6, 2025Library of Congress