1. Short title This Act may be cited as the Precision Agriculture Loan Program 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) Definitions In this section: (1) 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 environmental quality. (2) Precision agriculture equipment The term precision agriculture equipment means any equipment or 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