Precision Agriculture Loan Act of 2023

Senate Bill 719 - Precision Agriculture Loan Act of 2023: Overview, Status, and Impact

Hozzl · 2023-12-15T16:06:26Z

Explore the details of Senate Bill 719 Precision Agriculture Loan Act of 2023 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Agriculture and Food. Stay informed on legislative developments.

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