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Title | Committee | Presenter | Date |
---|---|---|---|
ACRE Act Essential to the Prosperity of Rural Communities | House Ways and Means Committee | 05/09/24 | |
Testimony on Commodity Programs, Credit, and Crop Insurance | Senate Agriculture Committee | Gus Barker | 05/04/23 |
July 13, 2020
The House Appropriations Committee approved fiscal 2021 agriculture and rural development legislation. The bill allows for a combined $153 billion in discretionary and mandatory funding, an increase of $331 million over fiscal 2020.
The bill authorizes $2.75 billion in guaranteed farm ownership loans, $2.1 billion in guaranteed farm operating loans, $2.1 billion in direct farm ownership loans, and $1.6 billion for direct operating loans.