Sec. 1701. Commodity Credit Corporation
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Section 1241(a) of the Food Security Act of 1985 (16 U.S.C. 3841(a)) is amended to read as follows: For each of fiscal years 2014 through 2018, the Secretary shall use the funds, facilities, and authorities of the Commodity Credit Corporation to carry out the following programs under this title (including the provision of technical assistance): The conservation reserve program under subchapter B of chapter 1 of subtitle D, including, to the maximum extent practicable, $50,000,000 for the period of fiscal years 2014 through 2018 to carry out section 1235(f) to facilitate the transfer of land subject to contracts from retired or retiring owners and operators to beginning farmers or ranchers and socially disadvantaged farmers or ranchers.
The conservation security program under subchapter A of chapter 2 of subtitle D, using such sums as are necessary to administer contracts entered into before September 30, 2008. The conservation stewardship program under subchapter B of chapter 2 of subtitle D. The environmental quality incentives program under chapter 4 of subtitle D, using, to the maximum extent practicable, $1,542,500,000 for each fiscal year. The conservation innovation grant program under section 1240S, using, to the maximum extent practicable, $100,000,000 for each fiscal year.
The agricultural conservation easement program under subtitle H, using, to the maximum extent practicable, $704,000,000 for each fiscal year, of which not less than 70 percent shall be used to carry out section 1265C. The conservation loan and loan guarantee program under section 1246, using, to the maximum extent practicable, for each fiscal year— $200,000,000 for direct loans; and $150,000,000 for loan guarantees. . Section 1241 of the Food Security Act of 1985 ( 16 U.S.C. 3841 ) is amended— by redesignating subsections
(b)through
(h)as subsections
(c)through (i), respectively; and by inserting after subsection
(a)the following: Except as provided in paragraph (2), amounts made available by subsection
(a)shall be used by the Secretary to carry out the programs specified in such subsection for fiscal years 2014 through 2018 and shall remain available until expended. Amounts made available for the programs specified in such subsection during a fiscal year through modifications, cancellations, terminations, and other related administrative actions and not obligated in that fiscal year shall remain available for obligation during subsequent fiscal years, but shall reduce the amount of additional funds made available in the subsequent fiscal year by an amount equal to the amount remaining unobligated. Amounts made available by subsection (a)(5) for a fiscal year and not obligated in that fiscal year shall be made available for the environmental quality incentives program under chapter 4 of subtitle D, and shall remain available until expended. . Section 1241(c) of the Food Security Act of 1985 (as redesignated by subsection (b)) is amended to read as follows: Commodity Credit Corporation funds made available for a fiscal year for each of the programs specified in subsection (a)— shall be available for the provision of technical assistance for the programs for which funds are made available; and shall not be available for the provision of technical assistance for conservation programs specified in subsection
(a)other than the program for which the funds were made available. The amount of funds made available under paragraph
(1)shall in no case equal less than 10 percent nor more than 30 percent of the amounts made available by subsection (a). . Section 1241(h) of the Food Security Act of 1985 (as redesignated by subsection (b)) is amended— in paragraph (1)— in the matter preceding subparagraph (A), by striking 2012 and inserting 2018 ; and in subparagraph (A), by striking 5 and inserting 10 ; in paragraph (2), by inserting (but not earlier than 120 days after the date that funding for the fiscal year is allocated to the States) after the Secretary ; in paragraph (3), by inserting (but not earlier than 120 days after the date that funding for the fiscal year is allocated to the States) after the Secretary ; and by adding at the end the following new paragraphs: Nothing in this subsection prohibits beginning or socially disadvantaged farmers or ranchers from participating in programs and receiving funding available under this title that is not reserved under paragraph (1). Of the funds reserved under paragraph (1), the Secretary shall allocate to the Natural Resources Conservation Service funding for technical assistance at a rate that is not more than 10 percent higher than the rate that would otherwise apply under the environmental quality incentives program and the conservation stewardship program to allow the Service to provide additional technical assistance to beginning farmers or ranchers and socially disadvantaged farmers or ranchers to establish comprehensive conservation plans. .
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Sec. 1701
Commodity Credit Corporation
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