S 910referred119th Congress

Farm Ownership Improvement Act

Introduced Mar 10, 2025Senate billPolicy area: Agriculture and FoodLast action Mar 10, 2025Sponsor: Peter Welch(D-VT)

agricultureAgriculture and Food

Agriculture, Nutrition, and Forestry Committee

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Official summaryUpdated Mar 10, 2025

What the bill does

Farm Ownership Improvement Act This bill directs the Department of Agriculture (USDA) to establish a pilot program to implement a pre-qualification or pre-approval process for farmers and ranchers for direct farm ownership loans. As background, the Farm Service Agency Direct Loan Program provides Farm Ownership Loans to farmers and ranchers for the purchase and development of farm property. Under the five-year pilot program, USDA must prioritize outreach to organizations that have demonstrated engagement with beginning farmers or ranchers. In addition, USDA may make use of alternative methods, including financial benchmarking, to reliably evaluate the financial viability of a participant in the pilot program and the likelihood of repayment of the applicable loan. USDA must submit an annual report to Congress on the pilot program, which must include a description of the program's performance outcomes and a recommendation as to the pilot program's value.

Latest official action

Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.

Lobbying Filings

$106.0M

Total Lobbying Spend

Suspicious Trades

Members Involved

Timeline

Apr 22, 2024lobbying

Lobbying filed by WESTERN ALLIANCE BANCORPORATION

Jul 20, 2024lobbying

Lobbying filed by WESTERN ALLIANCE BANCORPORATION

Oct 20, 2024lobbying

Lobbying filed by WESTERN ALLIANCE BANCORPORATION

Jan 18, 2025lobbying

Lobbying filed by WESTERN ALLIANCE BANCORPORATION

Mar 10, 2025bill

Bill introduced

Apr 21, 2025lobbying

Official Congressional Actions

Mar 10, 2025IntroReferral

Introduced in Senate

View official action

Mar 10, 2025IntroReferral

Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.

Agriculture, Nutrition, and Forestry Committee

View official action

Lobbying Activity

Registrant	Client	Amount	Filed	Period	Issues
WESTERN ALLIANCE BANCORPORATION	WESTERN ALLIANCE BANCORPORATION	$25.0M	Apr 22, 2024	2024Q1	BAN
WESTERN ALLIANCE BANCORPORATION	WESTERN ALLIANCE BANCORPORATION	$10.0M	Oct 20, 2024	2024Q3	BAN
WESTERN ALLIANCE BANCORPORATION	WESTERN ALLIANCE BANCORPORATION	$10.0M

Suspicious Trading Activity

Congress members who traded stocks in companies connected to lobbying on this bill, within 90 days of its introduction date.

No suspicious trade-lobbying connections found for this bill.

Methodology: Bill-Lobbying-Trade Connection

CapitolExposed identifies the "bill-lobbying-trade pipeline" by: (1) finding lobbying filings (LD-2) that specifically mention this bill, (2) matching lobbying clients to publicly traded companies, and (3) finding stock trades by members of Congress in those companies within 90 days of the bill's introduction date. Trades made before the bill was introduced are highlighted in red, as they may indicate advance knowledge. This analysis surfaces correlations worthy of scrutiny; it does not prove wrongdoing.