SOIL Act

Hozzl · 2024-09-04T08:05:49Z

Explore the details of House Bill 8448 SOIL Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Agriculture and Food. Stay informed on legislative developments.

9/4/2024, 8:05 AM

Summary of Bill HR 8448

The SOIL Act, also known as Bill 118 hr 8448, is a piece of legislation introduced in the US Congress that aims to address soil health and conservation issues. The bill focuses on promoting sustainable soil management practices to improve soil health, increase agricultural productivity, and protect the environment.

Key provisions of the SOIL Act include:

1. Establishing a Soil Health and Conservation Program within the Department of Agriculture to provide technical assistance and financial support to farmers and ranchers for implementing soil health practices. 2. Encouraging the adoption of soil health management plans by agricultural producers to improve soil quality, reduce erosion, and enhance water quality. 3. Supporting research and education initiatives to advance soil health science and promote the adoption of sustainable soil management practices. 4. Providing funding for on-farm demonstration projects to showcase the benefits of soil health practices and encourage their widespread adoption. Overall, the SOIL Act aims to promote sustainable agriculture practices that prioritize soil health and conservation. By investing in soil health initiatives, the bill seeks to improve agricultural sustainability, protect natural resources, and support the long-term viability of the farming industry.

Congressional Summary of HR 8448

Support for Ownership and Investment in Land Act or the SOIL Act

This bill directs the Farm Service Agency (FSA) to carry out a pilot program to establish a pre-approval process for Direct Farm Ownership Loans. As background, the FSA Direct Loan Program provides Farm Ownership Loans to farmers and ranchers for the purchase and development of farm property.

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Current Status of Bill HR 8448

Bill HR 8448 is currently in the status of Bill Introduced since May 17, 2024. Bill HR 8448 was introduced during Congress 118 and was introduced to the House on May 17, 2024. Bill HR 8448's most recent activity was Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit. as of September 3, 2024

Bipartisan Support of Bill HR 8448

Total Number of Sponsors

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Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

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Policy Area and Potential Impact of Bill HR 8448

Primary Policy Focus

Agriculture and Food

Alternate Title(s) of Bill HR 8448

SOIL Act

Support for Ownership and Investment in Land Act

To establish a pilot program to establish a pre-approval process for direct farm ownership loans made under subtitle A of the Consolidated Farm and Rural Development Act in order to streamline the application process and provide greater certainty to borrowers.