Precision agriculture under the conservation loan and loan guarantee program

Section 304 of the Consolidated Farm and Rural Development Act (7 U.S.C. 1924) is amended— (1) in subsection (b)— (A) by redesignating paragraphs (1) through (3) as paragraphs (4), (5), and (1), respectively, and moving the paragraphs so as to appear in numerical order; and (B) by inserting after paragraph (1) (as so redesignated) the following: (2) Precision agriculture The term precision agriculture means managing, tracking, or reducing crop or livestock production inputs, including seed, feed, fertilizer, chemicals, water, and time, at a heightened level of spatial and temporal granularity to improve efficiencies, reduce waste, and maintain or improve environmental quality. (3) Precision agriculture technology The term precision agriculture technology means any technology (including equipment that is necessary for the deployment of that technology) that directly contributes to a reduction in, or improved efficiency of, inputs used in crop or livestock production, including— (A) Global Positioning System-based or geospatial mapping; (B) satellite or aerial imagery; (C) yield monitors; (D) soil mapping; (E) sensors for gathering data on crop, soil, or livestock conditions; (F) Internet of Things and telematics technologies; (G) data management software and advanced analytics; (H) network connectivity products and solutions; (I) Global Positioning System guidance or auto-steer systems; (J) variable rate technology for applying inputs, such as section control; and (K) any other technology, as determined by the Secretary, that leads to a reduction in, or improves efficiency of, crop and livestock production inputs, which may include seed, feed, fertilizer, chemicals, water, and time.; (2) in subsection (d)— (A) in paragraph (2), by striking and at the end; (B) in paragraph (3), by striking 1985. and inserting 1985 (16 U.S.C. 3812); and; and (C) by adding at the end the following: (4) producers who use the loans to adopt precision agriculture practices or acquire precision agriculture technologies, including adoption or acquisition for the purpose of participating in the environmental quality incentives program under subchapter A of chapter 4 of subtitle D of title XII of the Food Security Act of 1985 (16 U.S.C. 3839aa et seq.).; and (3) in subsection (h), by striking 2023 and inserting 2031.