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United States · Bill · S

S. 667 (108th)

A bill to amend the Food Security Act of 1985 to strengthen payment limitations for commodity payments and benefits.

referredUnited States· United States Congress· EN

Introduced

19 March 2003

Last action

Status

Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. (text of measure as introduced: CR S4017-4018)

Sponsors

Subjects

Discovery layer

Source updated

7 April 2025

Summary

Amends the Food Security Act of 1985 to reduce maximum annual direct and counter-cyclical commodity payments to $20,000 and $30,000, respectively. Revises limitation provisions for marketing loan gains, loan deficiency payments, and commodity certificate transactions, and establishes an annual combined limitation of $87,500 for such payments. Doubles payment limitations for single farming operations. Limits an individual to a combined annual payment of $275,000.

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Documents

3 official files

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Sources

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