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New Producer Economic Security Act

Bill Number
H.R. 2536
Origin Chamber
House
Congress
119th Congress, Session 1
Policy Area
Agriculture and Food
Status
Introduced
Latest Action
2025-04-18: Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.
Last Updated
2026-06-05T08:07:29Z

AI-Generated Summary

Purpose

The New Producer Economic Security Act (H.R. 2536) aims to create a program that bolsters U.S. food system security by funding community-driven efforts to help new or disadvantaged farmers, ranchers, and forest owners gain access to land, capital, and markets. It focuses on supporting the startup and long-term success of these producers, including preventing land loss and improving their financial and personal well-being.

Key Provisions

Significant Changes to Existing Law

This bill introduces a entirely new competitive grant program within the Farm Service Agency, which did not previously exist. It builds on existing frameworks like the Community Development Financial Institutions Act and Farm Credit Act but adds novel elements, such as priorities for tribal land rights, innovative financial tools (e.g., revolving funds), and broad definitions of eligible land (including urban and underwater areas). It does not amend prior laws directly but references them for definitions and exclusions.

Potential Impacts

Main Stakeholders Affected

Notable Legal, Constitutional, or Political Implications

This summary was generated by AI and may contain inaccuracies. Refer to the official source document for the authoritative text.

Sponsor

Rep. Budzinski, Nikki [D-IL-13]

Cosponsors (11)

Rep. Nunn, Zachary [R-IA-3], Rep. Courtney, Joe [D-CT-2], Rep. Davis, Donald G. [D-NC-1], Rep. Sorensen, Eric [D-IL-17], Rep. Tokuda, Jill N. [D-HI-2], Rep. Vasquez, Gabe [D-NM-2], Rep. Riley, Josh [D-NY-19], Rep. Fitzpatrick, Brian K. [R-PA-1], Rep. Harder, Josh [D-CA-9], Rep. Davids, Sharice [D-KS-3], Rep. Schneider, Bradley Scott [D-IL-10]

Recent Actions

Bill Versions

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