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Precision Agriculture Loan Act of 2023

12/15/2023, 4:06 PM

Congressional Summary of S 719

Precision Agriculture Loan Act of 2023

This bill establishes a loan program within the Farm Service Agency to assist agricultural producers in purchasing precision agriculture technology, such as geospatial mapping, data management and analytics software, and network connectivity products and solutions.

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.

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Current Status of Bill S 719

Bill S 719 is currently in the status of Bill Introduced since March 8, 2023. Bill S 719 was introduced during Congress 118 and was introduced to the Senate on March 8, 2023.  Bill S 719's most recent activity was Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. as of March 8, 2023

Bipartisan Support of Bill S 719

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

Policy Area and Potential Impact of Bill S 719

Primary Policy Focus

Agriculture and Food

Alternate Title(s) of Bill S 719

Precision Agriculture Loan Act of 2023
Precision Agriculture Loan Act of 2023
A bill to amend the Food, Conservation, and Energy Act of 2008 to establish a precision agriculture loan program, and for other purposes.

Comments

Sponsors and Cosponsors of S 719

Deb Fischer
Deb Fischer
NebraskaRepublican
Amy Klobuchar
Amy Klobuchar
MinnesotaDemocrat

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