This Act may be cited as the Fencing Eligibility for New Conservation Equipment Act or the FENCE Act.

Section 401(b) of the Agricultural Credit Act of 1978 (16 U.S.C. 2201(b)U.S. Code — Title 16, Section 2201(b)View official source on GovInfo) is amended by adding at the end the following: (3) New or emerging technologies Repair or replacement of fencing under this section may include updating of fencing to new or emerging technology if such updating does not increase the cost of the repair or replacement..