Precision Agriculture Loan Program Act of 2025
- Last Action
- 5/6/2025
Actions
- 2025-05-06Referred to the House Committee on Agriculture.
- 2025-05-06Introduced in House
- 2025-05-06Introduced in House
CRS Summary
As of 2025-05-06 (00)
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.
Cosponsors (2)
- Jimmy Panetta (D-CA)
- Eugene Vindman (D-VA)
Sourced from Congress.gov (public domain).
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