Fairness for Small-Scale Farmers and Ranchers Act

3/13/2024, 1:06 PM

Summary of Bill S 2670

Bill 118 s 2670, also known as the Fairness for Small-Scale Farmers and Ranchers Act, aims to address the challenges faced by small-scale farmers and ranchers in the United States. The bill seeks to level the playing field for these producers by providing them with greater access to resources and support.

One key provision of the bill is the establishment of a grant program to assist small-scale farmers and ranchers in accessing markets and expanding their operations. This program would provide funding for initiatives such as marketing and promotion, infrastructure improvements, and technical assistance.

Additionally, the bill includes measures to improve access to credit for small-scale farmers and ranchers, who often struggle to secure financing due to their size and limited resources. The bill would establish a loan guarantee program to help these producers obtain the capital they need to grow their businesses. Furthermore, the Fairness for Small-Scale Farmers and Ranchers Act includes provisions to address issues related to land access and ownership. The bill would create a land trust program to help small-scale producers acquire and retain farmland, as well as provide support for succession planning to ensure that family farms can be passed down to future generations. Overall, the Fairness for Small-Scale Farmers and Ranchers Act aims to support and empower small-scale producers in the United States by providing them with the resources and assistance they need to thrive in an increasingly competitive agricultural industry.

Current Status of Bill S 2670

Bill S 2670 is currently in the status of Bill Introduced since July 27, 2023. Bill S 2670 was introduced during Congress 118 and was introduced to the Senate on July 27, 2023.  Bill S 2670's most recent activity was Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. as of July 27, 2023

Bipartisan Support of Bill S 2670

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
4
Democrat Cosponsors
4
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 2670

Primary Policy Focus

Agriculture and Food

Alternate Title(s) of Bill S 2670

Fairness for Small-Scale Farmers and Ranchers ActFairness for Small-Scale Farmers and Ranchers ActA bill to regulate market concentration and competition in the food and agriculture industry, and for other purposes.
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