(b) PILOT PROGRAM.—Subtitle D of the Consolidated 
Farm and Rural Development Act (7 U.S.C. 1981 et seq.) 
is amended by inserting after section 333D the following: 
‘‘SEC. 333E. FARMER LOAN PILOT PROJECTS. 
‘‘(a) IN GENERAL.—The Secretary may conduct pilot 
projects of limited scope and duration that are consistent 
with subtitles A, B, C, and this subtitle to evaluate proc-
esses and techniques that may improve the efficiency and 
effectiveness of the programs carried out under subtitle 
A, B, C, and this subtitle. 
‘‘(b) NOTIFICATION.—The Secretary shall— 
‘‘(1) not less than 60 days before the date on 
which the Secretary initiates a pilot project under 
subsection (a), submit notice of the proposed pilot 
project to the Committee on Agriculture of the 
House of Representatives and the Committee on Ag-
riculture, Nutrition, and Forestry of the Senate; and 
‘‘(2) consider any recommendations or feedback 
provided to the Secretary in response to the notice 
provided under paragraph (1).’’. 
(c) RELENDING PROGRAM.—Subtitle A of title III of 
the Consolidated Farm and Rural Development Act (7 
U.S.C. 1922 et seq.) is amended by adding at the end 
the following: 
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‘‘SEC. 310I. RELENDING PROGRAM TO RESOLVE OWNER-
SHIP AND SUCCESSION ON FARMLAND. 
‘‘(a) IN GENERAL.—The Secretary may make or 
guarantee loans to eligible entities described in subsection 
(b) using amounts made available for farm ownership 
loans under this subtitle so that the eligible entities may 
relend the funds to individuals and entities for the pur-
poses described in subsection (c). 
‘‘(b) ELIGIBLE ENTITIES.—Entities eligible for loans 
and loan guarantees described in subsection (a) are co-
operatives, credit unions, and nonprofit organizations 
with— 
‘‘(1) certification under section 1805.201 of 
title 12, Code of Federal Regulations (or successor 
regulations) to operate as a lender; 
‘‘(2) experience assisting socially disadvantaged 
farmers and ranchers (as defined in section 2501(e) 
of the Food, Agriculture, Conservation, and Trade 
Act of 1990 (7 U.S.C. 2279(e))) or limited resource 
or new and beginning farmers and ranchers, rural 
businesses, cooperatives, or credit unions, including 
experience in making and servicing agricultural and 
commercial loans; and 
‘‘(3) the ability to provide adequate assurance 
of the repayment of a loan. 
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‘‘(c) ELIGIBLE PURPOSES.—The proceeds from loans 
made or guaranteed by the Secretary pursuant to sub-
section (a) shall be relent by eligible entities for projects 
that assist heirs with undivided ownership interests to re-
solve ownership and succession on farmland that has mul-
tiple owners. 
‘‘(d) PREFERENCE.—In making loans under sub-
section (a), the Secretary shall give preference to eligible 
entities— 
‘‘(1) with not less than 10 years of experience 
serving socially disadvantaged farmers and ranchers; 
and 
‘‘(2) in States that have adopted a statute con-
sisting of an enactment or adoption of the Uniform 
Partition of Heirs Property Act, as approved and 
recommended for enactment in all States by the Na-
tional Conference of Commissioners on Uniform 
State Laws in 2010, that relend to owners of heirs 
property (as defined in that Act). 
‘‘(e) LOAN TERMS AND CONDITIONS.—The following 
terms and conditions shall apply to loans made or guaran-
teed under this section: 
‘‘(1) The interest rate at which intermediaries 
may borrow funds under this section shall be equal 
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to the rate at which farm ownership loans under this 
subtitle are made. 
‘‘(2) The rates, terms, and payment structure 
for borrowers to which intermediaries lend shall 
be— 
‘‘(A) determined by the intermediary in an 
amount sufficient to cover the cost of operating 
and sustaining the revolving loan fund; and 
‘‘(B) clearly and publicly disclosed to quali-
fied ultimate borrowers. 
‘‘(3) Borrowers to which intermediaries lend 
shall be— 
‘‘(A) required to complete a succession 
plan as a condition of the loan; and 
‘‘(B) be offered the opportunity to borrow 
sufficient funds to cover costs associated with 
the succession plan under subparagraph (A) 
and other associated legal and closing costs. 
‘‘(f) REPORT.—Not later than 1 year after the date 
of enactment of this section, the Secretary shall submit 
to the Committee on Agriculture of the House of Rep-
resentatives and the Committee on Agriculture, Nutrition, 
and Forestry of the Senate a report describing the oper-
ation and outcomes of the program under this section, 
with recommendations on how to strengthen the program. 
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‘‘(g) FUNDING.—The Secretary shall carry out this 
section using funds otherwise made available to the Sec-
retary.’’. 
SEC. 5. FARMLAND OWNERSHIP DATA COLLECTION. 
(a) IN GENERAL.—The Secretary shall collect and, 
not less frequently than once every 5 years report, data 
and analysis on farmland ownership, tenure, transition, 
and entry of beginning farmers and ranchers (as defined 
in section 343(a) of the Consolidated Farm and Rural De-
velopment Act (7 U.S.C. 1991(a))) and socially disadvan-
taged farmers and ranchers (as defined in section 2501(e) 
of the Food, Agriculture, Conservation, and Trade Act of 
1990 (7 U.S.C. 2279(e))). 
(b) REQUIREMENTS.—In carrying out subsection (a), 
the Secretary shall, at a minimum— 
(1) collect and distribute comprehensive report-
ing of trends in farmland ownership, tenure, transi-
tion, barriers to entry, profitability, and viability of 
beginning farmers and ranchers and socially dis-
advantaged farmers and ranchers; 
(2) develop surveys and report statistical and 
economic analysis on farmland ownership, tenure, 
transition, barriers to entry, profitability, and viabil-
ity of beginning farmers and ranchers, including a 
regular follow-on survey to each Census of Agri-
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culture with results of the follow-on survey made 
public not later than 3 years after the previous Cen-
sus of Agriculture; and 
(3) require the National Agricultural Statistics 
Service— 
(A) to include in the Tenure, Ownership, 
and Transition of Agricultural Land survey 
questions relating to— 
(i) the extent to which non-farming 
landowners are purchasing and holding 
onto farmland for the sole purpose of real 
estate investment; 
(ii) the impact of these farmland own-
ership trends on the successful entry and 
viability of beginning farmers and ranchers 
and socially disadvantaged farmers and 
ranchers; 
(iii) the extent to which farm and 
ranch land with undivided interests and no 
administrative authority identified have 
farms or ranches operating on that land; 
and 
(iv) the impact of land tenure pat-
terns, categorized by— 
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(I) race, gender, and ethnicity; 
and 
(II) region; and 
(B) to include in the report of each Ten-
ure, Ownership, and Transition of Agricultural 
Land survey the results of the questions under 
subparagraph (A). 
Æ 
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