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: 98.8% (606 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

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Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.

2026-03-20

Source: Congress.gov

Committee Activity

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Plain-English Summary

Expedited Guaranteed Lender Pilot Program Act This bill establishes a pilot program for an expedited qualification and approval process for eligible Department of Agriculture (USDA) bridge loans. Under a new pilot program, USDA must streamline the application review process for borrowers seeking USDA guaranteed bridge loans that are serviced by a Preferred Certified Lender. Specifically, USDA must consider streamlining the process for (1) certifying eligibility and reviewing financial information, and (2) making determinations regarding the farming plan and financial situation of an applicant. The pilot program expires on September 30, 2031.

Plain-English rewrite of the Congressional Research Service summary published on Congress.gov. Cached and reviewed.

Subjects

Agriculture and Food
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