USDA Loan Modernization Act

Hozzl · 2026-03-19T19:39:37Z

Explore the details of Senate Bill 3936 USDA Loan Modernization Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Agriculture and Food. Stay informed on legislative developments.

3/19/2026, 7:39 PM

Summary of Bill S 3936

This bill, designated as S. 3936 in the 119th Congress and introduced on February 26, 2026, aims to amend the Consolidated Farm and Rural Development Act. The proposed amendments seek to broaden the eligibility criteria for guaranteed and direct loans to individuals or entity members holding at least a 50 percent interest. Specifically, these eligible individuals must be or will become qualified operators of farm real estate obtained, enhanced, or supported through farm ownership, operating, or emergency loans.

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Current Status of Bill S 3936

Bill S 3936 is currently in the status of Bill Introduced since February 26, 2026. Bill S 3936 was introduced during Congress 119 and was introduced to the Senate on February 26, 2026. Bill S 3936's most recent activity was Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. as of February 26, 2026

Bipartisan Support of Bill S 3936

Total Number of Sponsors

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Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

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Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill S 3936

Primary Policy Focus

Agriculture and Food

Alternate Title(s) of Bill S 3936

A bill to amend the Consolidated Farm and Rural Development Act to expand eligibility for guaranteed and direct loans to individuals or entity members that hold at least a 50 percent interest and that are or will become qualified operators of the farm real estate acquired, improved, or supported with farm ownership, operating, or emergency loans, and for other purposes.