A strong farm bill provides stability for the volatile farm sector and incorporates important policies, such as price-support programs, crop insurance and loan guarantee programs.
July 11, 2013
Washington, D.C. (July 11, 2013)—The Independent Community Bankers of America(r) (ICBA) today released this statement following the House of Representatives' vote on the Federal Agriculture Reform and Risk Management (FARRM) Act of 2013 (H.R. 2642).
“ICBA appreciates that the House passed a farm bill, which will allow the legislation to move to conference with the Senate version (S. 954), though several procedural questions have now been raised. Congress can and should come together to pass a comprehensive, bipartisan farm bill as this process moves forward.
“ICBA continues to urge the final passage of a new farm bill this year. A multi-year farm bill will help community banks provide stability and a financially viable economy for farmers, ranchers, and American citizens.”
The Independent Community Bankers of America®, the nation’s voice for nearly 7,000 community banks of all sizes and charter types, is dedicated exclusively to representing the interests of the community banking industry and its membership through effective advocacy, best-in-class education and high-quality products and services. For more information, visit www.icba.org.