The Precision Agriculture Loan Program Act of 2023 aims to establish a loan program to support precision agriculture practices. The bill seeks to provide financial assistance to farmers and ranchers adopting advanced technologies for efficient and sustainable farming methods. It focuses on promoting precision agriculture tools such as sensors, drones, and data analytics to improve productivity while minimizing environmental impact. By offering loans with favorable terms, the bill aims to enhance agricultural sustainability, increase yields, and reduce input costs for farmers across the United States.
2023-03-09: Introduced in House
2023-03-09: Referred to the House Committee on Agriculture.
2023-04-05: Referred to the Subcommittee on Conservation, Research, and Biotechnology.
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