H.R.2186: BALE Act of 2021

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Bill Summary

Beginning Agriculturalist Lifetime Employment Act of 2021 or the BALE Act of 2021 This bill revises the limits for the Department of Agriculture (USDA) conservation loan guarantee program. The bill replaces the existing 80% limit on the portion of a loan that USDA may guarantee with limits that range from 80%-90%, depending on the principal amount of the loan. For socially disadvantaged or beginning farmers or ranchers, the bill replaces the...

(Source: Library of Congress)

Bill Actions

Date Description
June 15, 2021
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
March 26, 2021
Referred to the House Committee on Agriculture.
March 26, 2021

Introduced in the House by Mike Bost (R-Ill.)

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