HR7475Referred to Committee

Expedited Guaranteed Lender Pilot Program Act

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2026-02-10
Introduced
0
Cosponsors
HR
Type

Sponsor

Austin Scott
Austin Scott
Republican · GA · Representative
Votes with party: 98.9% (552 recorded votes)

Full profile: /officials/S001189

Source: Congress.gov · FEC

Cosponsors (0)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

No cosponsors on record. Bills can pass without cosponsors — this often means the sponsor introduced the bill alone, either because it's a messaging bill, a chairman's mark, or simply early in the legislative cycle.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Referred to the House Committee on Agriculture.

2026-02-10

Source: Congress.gov

Committee Activity

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Previously

Plain-English Summary

The bill would create a test program allowing certain agricultural lenders to quickly approve loans to farmers without going through the usual lengthy review process, with the government guaranteeing to cover losses if borrowers default. This would help farmers get faster access to credit for equipment, land, or operating expenses during critical planting and growing seasons. The pilot program would run for a limited time to see if speeding up the lending process helps agricultural businesses while keeping risks manageable for lenders.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

Subjects

Agriculture and Food
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