1. Short title This Act may be cited as the Beginning Agriculturalist Lifetime Employment Act of 2017 or the BALE Act of 2017 . 2. Limitations applicable to qualified conservation loan guarantees (a) Limitations applicable to loan guarantees Subtitle A of title III of the Agricultural Act of 1961 ( 7 U.S.C. 1922 et seq.) is amended— (1) by amending section 304(e) of such Act ( 7 U.S.C. 1924(e) ) to read as follows: (e) Limitations applicable to loan guarantees (1) Percentage of loan guaranteed The portion of a loan that the Secretary may guarantee under this section shall— (A) depend on the principal amount of the loan