Bill · 119th Congress
S. 5388
Student Loan Forgiveness for Farmers and Ranchers Act
- 01 Introduced
- 02 Committee
- 03 Passed Senate
- 04 Passed House
- 05 To President
- 06 Law
Latest action · Sep 14, 2026
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
What this bill does
Student Loan Forgiveness for Farmers and Ranchers Act
This bill establishes a student loan forgiveness program for certain farmers or ranchers.
Specifically, to receive loan forgiveness under this bill, a borrower must (1) make 120 monthly loan payments under a specified repayment plan while employed full-time at a qualified farm or ranch; and (2) fall within certain categories of individuals such as a beginner farmer or rancher, an individual underrepresented in the agricultural profession, or a veteran farmer or rancher.
Congressional Research Service · Introduced in Senate · Sep 14, 2026
How Congress voted
No recorded votes yet. Many bills pass by voice vote or unanimous consent, where no one's individual vote is written down.
Timeline
- Sep 14, 2026Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
- Sep 14, 2026Introduced in Senate
Cosponsors
2 members
- Tammy BaldwinD-WI
- Tina SmithD-MN
Details
Related bills
Cost estimates · Congressional Budget Office
None published