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Code · BILL · 118th Congress · S. 5335 (Introduced in Senate) — To provide for the reform and continuation of agricultural and other programs of the Department of Agriculture throug... · Sec. 2501

Sec. 2501. Commodity Credit Corporation

971 words·~4 min read·/bill/118/s/5335/is/section-2501

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Section 1241 of the Food Security Act of 1985 ( 16 U.S.C. 3841 ) is amended— by striking subsection
(a)and inserting the following: The Secretary shall use the funds, facilities, and authorities of the Commodity Credit Corporation to carry out the programs described in this subsection, including the provision of technical assistance. For fiscal year 2025 and each fiscal year thereafter, using the funds of the Commodity Credit Corporation, the Secretary shall carry out the conservation reserve program under subchapter B of chapter 1 of subtitle D, to the maximum extent practicable, including using $60,000,000 to provide payments under section 1234(c). Of the funds of the Commodity Credit Corporation, the Secretary shall use to carry out the agricultural conservation easement program under subtitle H, to the maximum extent practicable— $450,000,000 for fiscal year 2024; $540,000,000 for fiscal year 2025; $540,000,000 for fiscal year 2026; $570,000,000 for fiscal year 2027; $570,000,000 for fiscal year 2028; $600,000,000 for fiscal year 2029; $600,000,000 for fiscal year 2030; $675,000,000 for fiscal year 2031; $675,000,000 for fiscal year 2032; and $750,000,000 for fiscal year 2033 and each fiscal year thereafter. Of the funds made available by subparagraph
(A)for fiscal year 2025 and each fiscal year thereafter, the Secretary shall use not less than 80 percent to carry out the purposes described in section 21001(a)(3) of Public Law 117–169 (136 Stat. 2016). Of the funds of the Commodity Credit Corporation, the Secretary shall use to carry out the environmental quality incentives program under subchapter A of chapter 4 of subtitle D, to the maximum extent practicable— $2,025,000,000 for fiscal year 2024; $2,575,000,000 for fiscal year 2025; $2,575,000,000 for fiscal year 2026; $2,675,000,000 for fiscal year 2027; $2,675,000,000 for fiscal year 2028; $2,775,000,000 for fiscal year 2029; $2,775,000,000 for fiscal year 2030; $2,975,000,000 for fiscal year 2031; $2,975,000,000 for fiscal year 2032; and $3,225,000,000 for fiscal year 2033 and each fiscal year thereafter. Of the funds made available by subparagraph
(A)for fiscal year 2025 and each fiscal year thereafter, the Secretary shall use not less than 60 percent to carry out the purposes described in section 21001(a)(1) of Public Law 117–169 (136 Stat. 2015). The use of amounts described in subparagraph
(B)shall be subject to the conditions described in section 21001(a)(1)(B) of Public Law 117–169 (136 Stat. 2015). Of the funds of the Commodity Credit Corporation, the Secretary shall use to carry out the conservation stewardship program under subchapter B of chapter 4 of subtitle D, to the maximum extent practicable— $1,000,000,000 for fiscal year 2024; $1,200,000,000 for fiscal year 2025; $1,200,000,000 for fiscal year 2026; $1,250,000,000 for fiscal year 2027; $1,250,000,000 for fiscal year 2028; $1,325,000,000 for fiscal year 2029; $1,325,000,000 for fiscal year 2030; $1,450,000,000 for fiscal year 2031; $1,450,000,000 for fiscal year 2032; and $1,550,000,000 for fiscal year 2033 and each fiscal year thereafter. Of the funds made available by subparagraph
(A)for fiscal year 2025 and each fiscal year thereafter, the Secretary shall use not less than 50 percent to carry out the purposes described in section 21001(a)(2) of Public Law 117–169 (136 Stat. 2016). The use of amounts described in subparagraph
(B)shall be subject to the conditions described in section 21001(a)(2)(B) of Public Law 117–169 (136 Stat. 2016). Of the funds of the Commodity Credit Corporation, the Secretary shall use such sums as are necessary to administer contracts entered into before December 20, 2018, under the conservation stewardship program under subchapter B of chapter 2 of subtitle D (as in effect on December 19, 2018). Of the funds of the Commodity Credit Corporation, the Secretary shall use to carry out the regional conservation partnership program under subtitle I, to the maximum extent practicable— $300,000,000 for fiscal year 2024; $600,000,000 for fiscal year 2025; $600,000,000 for fiscal year 2026; $700,000,000 for fiscal year 2027; $700,000,000 for fiscal year 2028; $800,000,000 for fiscal year 2029; $800,000,000 for fiscal year 2030; $900,000,000 for fiscal year 2031; $900,000,000 for fiscal year 2032; and $1,050,000,000 for fiscal year 2033 and each fiscal year thereafter. Of the funds made available by subparagraph
(A)for fiscal year 2025 and each fiscal year thereafter, the Secretary shall use not less than 80 percent to carry out the purposes described in section 21001(a)(4) of Public Law 117–169 (136 Stat. 2016). The use of amounts described in subparagraph
(B)shall be subject to the conditions described in section 21001(a)(4)(B) of Public Law 117–169 (136 Stat. 2016). ; and in subsection (b), by striking fiscal years 2014 through 2031 and inserting fiscal year 2014 and each fiscal year thereafter . The unobligated balances of amounts appropriated by section 21001(a) of Public Law 117–169 (136 Stat. 2015) are rescinded. Section 1241(h) of the Food Security Act of 1985 ( 16 U.S.C. 3841(h) ) is amended— in paragraph (1)(B)— in the subparagraph heading, by striking and inserting Fiscal years 2019 through 2031 ; and Subsequent fiscal years in the matter preceding clause (i), by striking each of fiscal years 2019 through 2031 and inserting fiscal year 2019 and each fiscal year thereafter ; and in paragraph (2), by striking and, in the case of fiscal years 2019 through 2031, and inserting and . Section 1241(i) of the Food Security Act of 1985 ( 16 U.S.C. 3841(i) ) is amended, in the matter preceding paragraph (1), by striking each of calendar years 2019 through 2023 and inserting calendar year 2019 and each calendar year thereafter . Section 1241(j)(1) of the Food Security Act of 1985 ( 16 U.S.C. 3841(j)(1) ) is amended— in subparagraph (B), by striking and at the end; in subparagraph (C), by striking the period at the end and inserting ; and ; and by adding at the end the following: a schedule for the revision of existing, and establishment of new, conservation practice standards under section 1242(h). .
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  • 136 Stat. 2016
  • 136 Stat. 2015
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Sec. 2501
Commodity Credit Corporation
Stat.136 Stat. 2016
Stat.136 Stat. 2015
Cites 4Cited by 0 across 0 sources
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