Title: Young Farmer Success Act
Policy area: Education

Summary:
Young Farmer Success Act
This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to include a full-time job as an employee or manager of a qualified farm or ranch within the definition of "public service job" for purposes of the public service employee loan forgiveness program.
A "qualified farm or ranch" earns, from the sale of agricultural products, gross revenue of at least $35,000 in 2017, adjusted annually for inflation in subsequent years.

[Congressional Bills 115th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1060 Introduced in House (IH)]

<DOC>






115th CONGRESS
  1st Session
                                H. R. 1060

     To amend the Higher Education Act of 1965 to include certain 
    individuals who work on farms or ranches as individuals who are 
 employed in public service jobs for purposes of eligibility for loan 
           forgiveness under the Federal Direct Loan program.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           February 15, 2017

Mr. Courtney (for himself, Mr. Thompson of Pennsylvania, and Mr. Faso) 
 introduced the following bill; which was referred to the Committee on 
                      Education and the Workforce

_______________________________________________________________________

                                 A BILL


 
     To amend the Higher Education Act of 1965 to include certain 
    individuals who work on farms or ranches as individuals who are 
 employed in public service jobs for purposes of eligibility for loan 
           forgiveness under the Federal Direct Loan program.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Young Farmer Success Act''.

SEC. 2. ELIGIBILITY OF CERTAIN FARM AND RANCH WORKERS FOR STUDENT LOAN 
              FORGIVENESS.

    (a) Eligibility.--Section 455(m)(3)(B) of the Higher Education Act 
of 1965 (20 U.S.C. 1087e(m)(3)(B)) is amended--
            (1) by striking ``or'' at the end of clause (i);
            (2) by striking the period at the end of clause (ii) and 
        inserting ``; or''; and
            (3) by adding at the end the following new clause:
                            ``(iii) a full-time job as an employee or 
                        manager of a qualified farm or ranch.''.
    (b) Definition.--Section 455(m)(3) of such Act (20 U.S.C. 
1087e(m)(3)) is amended by adding at the end the following new 
subparagraph:
                    ``(C) Qualified farm or ranch.--The term `qualified 
                farm or ranch' means, with respect to a year, a farm or 
                ranch whose earnings of gross revenue during the year 
                from the sale of agricultural products are equal to or 
                greater than--
                            ``(i) in the case of 2017, $35,000; or
                            ``(ii) in the case of any succeeding year, 
                        the amount applicable under this subparagraph 
                        for the previous year increased by the 
                        estimated percentage change in the Consumer 
                        Price Index (as determined by the Secretary, 
                        using the definition in section 478(f)) for the 
                        most recent year preceding such year.''.
                                 <all>