Capital for Beginning Farmers and Ranchers Act of 2025

This bill would require the Secretary of Agriculture to create, within 2 years, a pilot program that makes or guarantees development loans to qualified beginning farmers and ranchers. The loans could be used only for long-term investments, such as starting assets, soil improvement, breeding stock, small equipment, branding, bookkeeping, payroll, and regulatory compliance. Loans could be up to $100,000, with repayment terms of 3 to 10 years and interest rates between 0 and 3 percent. Borrowers would receive training on farm management topics like bookkeeping, taxes, cash flow, and risk management. The Secretary would evaluate the program and report to Congress every two years.

Full text and official record on Congress.gov

Sponsors

• Marilyn Strickland Democrat sponsor
• 8 cosponsors