Austin Scott (R-GA)
Expedited Guaranteed Lender Pilot Program Act
A Republican bill with no cosponsors
Last activity — Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.
In committee
Introduced and handed to a committee in the chamber it started in.
The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.
Its path through Congress
- Introduced
- In Committee
What this bill would do
This bill proposes the establishment of an expedited guaranteed lender pilot program at the USDA. The program aims to create a faster qualification and approval process for borrowers seeking bridge loans. These loans would be guaranteed by the Secretary and serviced by Preferred Certified Lenders. The program focuses on providing loans to creditworthy borrowers as determined by those lenders. The Secretary is required to submit annual reports to the House and Senate Committees on Agriculture regarding the program's results. This authority is set to terminate on September 30, 2031.
Yes· 3 of 8
- Scored +5
Would business owners be better off under this?
The bill streamlines the loan approval process for creditworthy borrowers seeking bridge loans.
- Scored +5
Does this make it easier to run a small business?
The bill creates an expedited qualification and approval process for bridge loans through the USDA.
- Scored +4
Would farmers be better off under this?
The bill facilitates faster access to bridge loans through the USDA, which primarily serves the agricultural sector.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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Faster Loan Processing: The bill seeks to establish an expedited qualification and approval process for borrowers seeking bridge loans, which could provide quicker access to funds (Section 2(a)).
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Streamlined Assessments: The Secretary is directed to consider streamlining the process for making necessary determinations and certifications, potentially reducing bureaucratic delays (Section 2(b)).
Potential Negative Impacts for People
- No Information Provided: The provided text does not contain specific details regarding potential negative consequences or burdens for individuals or groups of people.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Tap or hover a score for the reason it gave.
- Demographic And Interest Groups
- Would business owners be better off under this? — The bill streamlines the loan approval process for creditworthy borrowers seeking bridge loans. Would farmers be better off under this? — The bill facilitates faster access to bridge loans through the USDA, which primarily serves the agricultural sector. Would people in rural areas be better off under this? — The expedited loan program is part of the Consolidated Farm and Rural Development Act aimed at rural communities.
- Economy And Finance
- Does this make it easier to run a small business? — The bill creates an expedited qualification and approval process for bridge loans through the USDA. Is this likely to create jobs? — The expedited bridge loan program may facilitate easier access to capital for businesses, potentially supporting job growth.
- Environment Energy And Infrastructure
- Does this invest in rural communities? — The bill amends the Consolidated Farm and Rural Development Act to expedite credit access for borrowers.
- Governance And Ideology
- Does this make what the government does easier for the public to see? — The bill requires the Secretary to submit annual reports to House and Senate committees regarding the pilot program's results.
- Social Issues And Justice
- Does this make housing cost less? — Faster access to bridge loans through the USDA can support various development and residential projects.
- 3/20/2026
- Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.
- 2/10/2026
- Referred to the House Committee on Agriculture.
- Introduced in House
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.