Don Bacon (R-NE)
Support for Ownership and Investment in Land Act of 2026
A Republican bill with no cosponsors
Last activity — Referred to the House Committee on Agriculture.
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, titled the ``Support for Ownership and Investment in Land Act of 2026'', aims to create a pilot program at the Department of Agriculture. The program focuses on establishing an expedited process for qualifying and approving certain farm ownership loans. This includes both direct farm ownership loans and guaranteed loans serviced by a Preferred Certified Lender for creditworthy borrowers. The Secretary is tasked with considering ways to streamline specific determinations and assessments. The Secretary must also report on the program's results to relevant Congressional committees annually. The authority for this pilot program is set to end on September 30, 2031.
Yes· 3 of 9
- Scored +4
Would farmers be better off under this?
The bill specifically aims to expedite the qualification and approval process for farm ownership loans.
- Scored +3
Would business owners be better off under this?
The expedited process reduces administrative hurdles for prospective farm owners and business operators.
- Scored +3
Does this make it easier to run a small business?
The bill streamlines the loan approval process for individuals seeking to own and operate farms.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
-
Faster Loan Processing: The bill establishes an expedited qualification and approval process for borrowers seeking direct farm ownership loans or guaranteed farm ownership loans serviced by a Preferred Certified Lender (Section 2(a)).
-
Streamlined Determinations: The Secretary is directed to consider streamlining the process for making specific determinations and assessments required for these loans (Section 2(b)).
Potential Negative Impacts for People
- Limited Scope of Changes: The bill specifies that the new process shall not be interpreted to authorize the waiver or modification of any requirement, other than an application process timing requirement (Section 2(c)).
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 farmers be better off under this? — The bill specifically aims to expedite the qualification and approval process for farm ownership loans. Would business owners be better off under this? — The expedited process reduces administrative hurdles for prospective farm owners and business operators. Would people in rural areas be better off under this? — Streamlining farm ownership loans supports the economic stability and continuity of rural agricultural communities. Would middle-income households be better off under this? — The bill provides easier access to credit for those qualifying for farm ownership loans.
- Economy And Finance
- Does this make it easier to run a small business? — The bill streamlines the loan approval process for individuals seeking to own and operate farms. Is this likely to create jobs? — The bill facilitates easier access to farm ownership loans, which can support the expansion of agricultural operations.
- Environment Energy And Infrastructure
- Does this invest in rural communities? — The bill supports farm ownership and investment, which is a key component of rural economic development.
- 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 Congressional committees regarding the pilot program's results.
- Social Issues And Justice
- Does this make housing cost less? — By easing the process for land ownership loans, it may assist in the acquisition of farm-based housing assets.
- 4/23/2026
- 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.