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H.R. 2536: New Producer Economic Security Act

119th Congress · introduced 2025-04-01 · Agriculture and Food · Latest: Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.

federal

What does this mean?

Official title

New Producer Economic Security Act

Plain 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.

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

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What does this mean? (plain words)

Official text

New Producer Economic Security Act

Source: Congressional Research Service summary (Introduced in House)

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Officials and money

Sponsor: Rep. Budzinski, Nikki [D-IL-13] · 11 cosponsors

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Words on this page, explained (2)
Bill
A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).
Securities
Financial investments that can be bought and sold, such as stocks and bonds.

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong119-hr2536 · catalog fed-us-congress-bills-cong119 · updated 2026-11-03 by psicol fed-bills