S. 4219 — Introduced in Senate

II 118th CONGRESS 2d Session S. 4219 IN THE SENATE OF THE UNITED STATES May 1, 2024Mr. Welch (for himself, Mr. Sanders, and Ms. Smith) introduced the following bill; which was read twice and referred to the Committee on Agriculture, Nutrition, and Forestry A BILL To amend the Consolidated Farm and Rural Development Act to eliminate a requirement that certain individuals be related by blood or marriage to be eligible for farm loans as a qualified beginning farmer or rancher, and for other purposes. 1. Short title This Act may be cited as the Future Farmers and Ranchers of Tomorrow Act of 2024. 2. Eligibility for farm loans as a qualified beginning farmer or rancher Section 343(a)(11) of the Consolidated Farm and Rural Development Act (7 U.S.C. 1991(a)(11)) is amended— (1) by striking subparagraph (C); and (2) by redesignating subparagraphs (D) through (G) as subparagraphs (C) through (F), respectively.