HR 1947 · 113th Congress · Agriculture and Food
Federal Agriculture Reform and Risk Management Act of 2013
Bill Progress
1
Introduced✓
Committee3
House Vote4
Senate5
EnactedLatest: On passage Failed by recorded vote: 195 - 234 (Roll no. 286).(2013-06-20)
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Plain Language Summary
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Federal Agriculture Reform and and Risk Management Act of 2013 - Title I: Commodities - Subtitle A: Repeals and Reforms - Repeals, but continues for crop year 2013: (1) direct payments, (2) countercyclical payments, and (3) the average crop revenue election program (ACRE). Provides for crop years 2014-2018 either: (1) price loss coverage if a covered commodity's effective price is less than its reference price; or (2) alternative revenue loss coverage, as a permanent one-time election, if a covered commodity's county revenue is less than the county revenue loss coverage trigger. Subtitle B: Marketing Loans - Authorizes: (1) nonrecourse marketing assistance loans through crop year 2018, (2) loan deficiency payments through crop year 2018, (3) payments in lieu of loan deficiency payments for grazed acreage through crop year 2018, (4) programs for upland cotton and extra long staple cotton, (5) assistance for peanuts, and (6) recourse loans for high moisture feed grains and seed cotton through crop year 2018. Subtitle C: Sugar - Directs the Secretary of Agriculture (USDA) to make nonrecourse loans to processors of domestically grown sugarcane and domestically grown sugar beets through…
Summarized by Claude AI · Non-partisan · For informational purposes only
CBO Cost Estimate
Congressional Budget OfficeH.R. 1947, Agriculture Reform and Risk Management Act of 2013
Jun 10, 2013As ordered reported by the House Committee on the Judiciary on June 5, 2013
Full CBO report ↗Official non-partisan budget analysis by the Congressional Budget Office