Sec. 261. 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 2019 through 2023, 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— $20,000,000 for the period of fiscal years 2019 through 2023 to provide payments under section 1234(c); and $66,000,000 for the period of fiscal years 2019 through 2023 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 agricultural conservation easement program under subtitle H, using, to the maximum extent practicable, $810,000,000 for each of fiscal years 2019 through 2023. 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, $3,200,000,000 for each of fiscal years 2019 through 2023.
The conservation innovation grant program under section 1240S, using, to the maximum extent practicable, $100,000,000 for each fiscal year. 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
(i)as subsections
(c)through (j), 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 2019 through 2023 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)(6) 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(i) 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 2018 and inserting 2023 .
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Sec. 261
Commodity credit corporation
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