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S. 667 · 108th Congress

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

Full title

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

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Never voted on. It didn't reach a floor vote before the 108th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

5 cosponsors · 4 D, 1 R

4 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

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.

What it does: CRS summary · Introduced in Senate · Mar 19, 2003
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.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

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

Latest action (Mar 19, 2003): Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. (text of measure as introduced: CR S4017-4018)

Policy area: Agriculture and Food · Origin: Senate · Introduced: Mar 19, 2003

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.