1. Short title This Act may be cited as the Precision Agriculture Loan Act of 2023 . 2. Precision agriculture loan program Subtitle F of title I of the Food, Conservation, and Energy Act of 2008 is amended by inserting after section 1614 ( 7 U.S.C. 8789 ) the following: 1614A. Precision agriculture loan program (a) Sense of Congress It is the sense of Congress that— (1) producers depend on a healthy environment to effectively produce the food and fiber needed for all communities; (2) precision agriculture technologies can— (A) provide producers with better insight into the health of the environment of the producer; and (B) allow producers to make more informed decisions that improve efficiencies, reduce waste, and improve environmental quality in a manner that benefits both nature and the financial well-being of the producer; (3) the adoption of precision agriculture technologies has already demonstrated that farmers and ranchers can produce crops in a manner that uses less water, reduces soil erosion, and mitigates greenhouse gas emissions while increasing carbon sequestration, water quality, and yields