HR 2642 · 113th Congress · Agriculture and Food
Agriculture Reform, Food, and Jobs Act of 2013
Bill Progress
1
Introduced2
Committee3
House Vote4
Senate✓
EnactedLatest: Became Public Law No: 113-79.(2014-02-07)
Recorded Votes
PassedSenate · 2014-02-04
Roll #21 ↗Yea 68Nay 32
PassedSenate · 2014-02-04
Roll #21 ↗Yea 68Nay 32
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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 (ACRE) program. Provides for crop years beginning with crop year 2014 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 beginning with crop year 2014, (2) loan deficiency payments beginning with crop year 2014, (3) payments in lieu of loan deficiency payments for grazed acreage beginning with crop year 2014, (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 beginning with crop year 2014. Subtitle C: Sugar - Directs the Secretary of Agriculture (USDA) to make nonrecourse loans to processors of domestically grown suga…
Summarized by Claude AI · Non-partisan · For informational purposes only
CBO Cost Estimate
Congressional Budget OfficeH.R. 2642, Agricultural Act of 2014
Jan 28, 2014Effects on direct spending and revenues of the conference agreement on H.R. 2642, as reported on January 27, 2014.
Full CBO report ↗Official non-partisan budget analysis by the Congressional Budget Office