# Plain Language Summary: Precision Agriculture Loan Program Act of 2025

This bill creates a new federal loan program to help farmers and ranchers buy high-tech farming equipment. The government would offer loans up to $500,000 per person, with repayment periods of up to 12 years, specifically for purchasing precision agriculture technology. This includes things like GPS-guided tractors, soil sensors, drones for crop monitoring, automated systems that adjust fertilizer application based on field conditions, and software that analyzes farm data to make better decisions about planting and harvesting.

The program is designed to help farmers adopt technology that reduces waste and improves efficiency. For example, instead of spreading the same amount of fertilizer across an entire field, precision equipment lets farmers apply exactly the right amount to each specific area, which saves money and reduces environmental runoff. The loans would be available to any farmer or rancher with a decent credit history who can show they'll be able to repay the money. The Department of Agriculture's Farm Service Agency would handle administering the program.

The bill also requires the government to track and report detailed information about who receives these loans—including the farmer's age, farm size, race and ethnicity, what type of crops they grow, and how much money was loaned for different types of equipment. The government would also need to estimate the environmental benefits and input savings from the technology being purchased. These reports would go to Congress and be made public so taxpayers can see how the program is working and who's benefiting from it.

Precision Agriculture Loan Program Act of 2025

Feenstra, Randy

Precision Agriculture Loan Program Act of 2025This bill establishes a loan program within the Farm Service Agency to assist agricultural producers in purchasing precision agriculture equipment and technology, such as geospatial mapping, data management and analytics software, and network connectivity products and solutions. Under this program, the maximum aggregate loan amount of a precision agriculture loan&nbsp;is $500,000.Precision agriculture refers to managing, tracking, or reducing crop or livestock production inputs, including seed, feed, fertilizer, chemicals, water, and time, at a heightened level of spatial and temporal granularity to improve efficiencies, reduce waste, and maintain environmental quality.