HR9781119th CongressWALLET

Defend American Agriculture Act

Sponsored By: Representative Higgins, Clay [R-LA-3]

Introduced

Summary

Temporarily raises the Commodity Credit Corporation's aggregate funding cap to $45 billion through September 30, 2031. The bill would let the Commodity Credit Corporation use a higher overall ceiling for funding and assistance to support agricultural producers and USDA programs during that period, and the cap would revert to $30 billion after September 30, 2031.

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

More funding for farm support

This bill would raise the Commodity Credit Corporation's total funding cap to $45 billion from the date of enactment through September 30, 2031. After September 30, 2031, the cap would revert to $30 billion. If enacted, the change would give the Commodity Credit Corporation more authority to make loans, purchases, and other help for farmers and small farm businesses. The change would take effect on the date of enactment.

Sponsors & CoSponsors

Sponsor

Higgins, Clay [R-LA-3]

LA • R

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

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