A bill to amend the Food, Conservation, and Energy Act of 2008 to establish a precision agriculture loan program, and for other purposes.
Precision Agriculture Loan Program Act of 2021
This bill establishes a loan program within the Farm Service Agency to assist agricultural producers in purchasing precision agriculture equipment, such as geospatial mapping, data management and analytics software, and network connectivity products and solutions.
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.
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
Introduced in Senate
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
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