New Producer Economic Security Act

Summary

New Producer Economic Security Act This bill establishes the New Producer Economic Security Program within the Farm Service Agency (FSA) to provide funding and grants to help new farmers, ranchers, and forest owners. Specifically, the FSA must make competitive grants to, enter into cooperative agreements with, or provide other capital support to eligible entities (e.g., state or local governments, Indian tribes, nonprofit organizations, and institutions of higher education). These entities must provide direct assistance to qualified farmers, ranchers, and forest owners (e.g., those who have not operated a farm or ranch for more than 10 consecutive years or are economically disadvantaged). The bill specifically excludes from assistance any foreign-based or foreign-owned corporation. The direct assistance may include payments to qualified beneficiaries to acquire real property (including air rights and water rights), secure clear title on heirs' property, and improve or remediate land, water, and soil. Eligible entities may also use grants (1) to provide direct assistance to qualified beneficiaries in assessing, purchasing, acquiring, or retaining eligible land; (2) for activities designed to support farm establishment and long-term viability; and (3) to provide technical assistance. The FSA must establish a stakeholder committee, and in collaboration with the committee, develop a process for evaluating and selecting applications submitted by eligible entities. The stakeholder committee must include perspectives reflecting the complexity of the rural and urban U.S. agricultural landscapes and the wide variety of agricultural production models.

Summary from the Congressional Research Service. How we handle summaries

Where it stands

Assigned to a committee for review.

House Committee on Agriculture · U.S. House of Representatives

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Cosponsors

Related bills

• S. 1237New Producer Economic Security ActIdentical bill

As identified by Congress.gov.

Full history

1. May 6, 2025

   Introduced

   Introduced in U.S. House

   U.S. House

2. Apr 18, 2025

   In committee

   Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.

   U.S. House

3. Apr 18, 2025

   Referred to committee

   Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.

4. Apr 18, 2025

   Referred to committee

   Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.

5. Apr 18, 2025

   Referred to committee

   Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.

Read the record

• Read on Congress.gov (opens in a new tab) The official record on Congress.gov.