Sec. 2501. COMMODITY CREDIT CORPORATION
1,482 words·~7 min read·
/statute-compilations/comps-15214/sec-2501A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
## SEC. 2501 COMMODITY CREDIT CORPORATION ###
(a)Annual Funding Section 1241(a) of the Food Security Act of 1985 (16 U.S.C. 3841(a)) is amended— ####
(1)in the matter preceding paragraph (1), by striking “2018 (and fiscal year 2019 in the case of the program specified in paragraph (5))” and inserting “2023”; ####
(2)in paragraph (1)— #####
(A)in subparagraph (A), by striking “$10,000,000 for the period of fiscal years 2014 through 2018” and inserting “$12,000,000 for the period of fiscal years 2019 through 2023”; and #####
(B)in subparagraph (B)— ######
(i)by striking “$33,000,000 for the period of fiscal years 2014 through 2018” and inserting “$50,000,000 for the period of fiscal years 2019 through 2023, including not more than $5,000,000 to provide outreach and technical assistance,”; and ######
(ii)by striking “retired or retiring owners and operators” and inserting “contract holders”; ####
(3)in paragraph (2)— #####
(A)in subparagraph (D), by striking “and” at the end; #####
(B)in subparagraph (E), by striking the period at the end and inserting “; and”; and #####
(C)by adding at the end the following: > > ##### “(F) > > $450,000,000 for each of fiscal years 2019 through 2023.” > ; ####
(4)by striking paragraph
(3)and inserting the following: > > #### “(3) > > The programs under chapter 4, using, to the maximum extent practicable— > > > ##### “(A) > > for the environmental quality incentives program under subchapter A of that chapter— > > > ###### “(i) > > $1,750,000,000 for fiscal year 2019; > > > ###### “(ii) > > $1,750,000,000 for fiscal year 2020; > > > ###### “(iii) > > $1,800,000,000 for fiscal year 2021; > > > ###### “(iv) > > $1,850,000,000 for fiscal year 2022; and > > > ###### “(v) > > $2,025,000,000 for fiscal year 2023; and > > > ##### “(B) > > for the conservation stewardship program under subchapter B of that chapter— > > > ###### “(i) > > $700,000,000 for fiscal year 2019; > > > ###### “(ii) > > $725,000,000 for fiscal year 2020; > > > ###### “(iii) > > $750,000,000 for fiscal year 2021; > > > ###### “(iv) > > $800,000,000 for fiscal year 2022; and > > > ###### “(v) > > $1,000,000,000 for fiscal year 2023.” > ; ####
(5)in paragraph (4), by inserting “(as in effect on the day before the date of enactment of the Agriculture Improvement Act of 2018), using such sums as are necessary to administer contracts entered into before that date of enactment” before the period at the end; and ####
(6)by striking paragraph (5). ###
(b)Availability of Funds Section 1241(b) of the Food Security Act of 1985 (16 U.S.C. 3841(b)) is amended by striking “2018 132 STAT. 4577 (and fiscal year 2019 in the case of the program specified in subsection (a)(5))” and inserting “2023”. ###
(c)Report on Program Enrollments and Assistance Section 1241(i) of the Food Security Act of 1985 (16 U.S.C. 3841(i)) is amended to read as follows: > > ### “(i) Report on Program Enrollments and Assistance > > Not later than December 15 of each of calendar years 2019 through 2023, the Secretary shall submit to the Committee on Agriculture of the House of Representatives and the Committee on Agriculture, Nutrition, and Forestry of the Senate an annual report containing statistics by State related to enrollments in conservation programs under this title, as follows: > > > #### “(1) > > The annual and current cumulative activity reflecting active agreement and contract enrollment statistics. > > > #### “(2) > > Secretarial exceptions, waivers, and significant payments, including— > > > ##### “(A) > > payments made under the agricultural conservation easement program for easements valued at $250,000 or greater; > > > ##### “(B) > > payments made under the regional conservation partnership program subject to the waiver of adjusted gross income limitations pursuant to section 1271C(c)(3); > > > ##### “(C) > > waivers granted by the Secretary under section 1001D(b)(3); > > > ##### “(D) > > exceptions and activity associated with section 1240B(h)(2); and > > > ##### “(E) > > exceptions provided by the Secretary under section 1265B(b)(2)(B)(ii).” > . ###
(d)Allocations Review and Update Section 1241(g) of the Food Security Act of 1985 (16 U.S.C. 3841(g)) is amended— ####
(1)in paragraph (1)— #####
(A)by striking “January” and all that follows through “shall” and inserting “1 year after the date of enactment of the Agriculture Improvement Act of 2018, the Secretary, acting through the Chief of the Natural Resources Conservation Service and the Administrator of the Farm Service Agency, shall”; #####
(B)by inserting “annual” after “utilize”; and #####
(C)by inserting “relevant data on local natural resource concerns, resource inventories, evaluations and reports, recommendations from State technical committees established under section 1261(a),” after “accounting for”; and ####
(2)in paragraph (2)— #####
(A)by striking “ that the formulas ” and inserting the following: > “that— > > > ##### “(A) > > the formulas” > ; #####
(B)in subparagraph
(A)(as so designated), by striking the period at the end and inserting a semicolon; and #####
(C)by adding at the end the following: > > ##### “(B) > > to the maximum extent practicable, local natural resource concerns are considered a leading factor in determining annual funding allocation to States; > > > ##### “(C) > > the process used at the national level to evaluate State budget proposals and to allocate funds is reviewed annually to assess the effect of allocations in addressing identified natural resource priorities and objectives; and > > > ##### “(D) > > the allocation of funds to States addresses priority natural resource concerns and objectives.” > . ###
(e)Assistance to Certain Farmers or Ranchers for Conservation Access Section 1241(h) of the Food Security Act of 1985 (16 U.S.C. 3841(h)) is amended— ####
(1)in paragraph (1)— #####
(A)by redesignating subparagraphs
(A)and
(B)as clauses
(i)and (ii), respectively, and indenting appropriately; #####
(B)in the matter preceding clause
(i)(as so redesignated), by striking “ Of the funds ” and inserting the following: > > ##### “(A) Fiscal years 2009 through 2018 > > Of the funds” > ; and #####
(C)by adding at the end the following: > > ##### “(B) Fiscal years 2019 through 2023 > > Of the funds made available for each of fiscal years 2019 through 2023 to carry out the environmental quality incentives program under subchapter A of chapter 4 of subtitle D and the conservation stewardship program under subchapter B of chapter 4 of subtitle D, the Secretary shall use, to the maximum extent practicable— > > > ###### “(i) > > 5 percent to assist beginning farmers or ranchers; and > > > ###### “(ii) > > 5 percent to assist socially disadvantaged farmers or ranchers.” > ; ####
(2)in paragraph (2), by inserting “and, in the case of fiscal years 2019 through 2023, under the conservation stewardship program under subchapter B of chapter 4 of subtitle D” before the period at the end; ####
(3)in paragraph (3), by striking “year, acres not obligated under paragraph (1)” and inserting “year through fiscal year 2018, acres not obligated under paragraph (1)(A)”; and ####
(4)in paragraph (4), by striking “subparagraph
(A)or
(B)of paragraph (1)” and inserting “, as applicable, clause
(i)or
(ii)of paragraph (1)(A) or clause
(i)or
(ii)of paragraph (1)(B)”. ###
(f)Conservation Standards and Requirements Section 1241 of the Food Security Act of 1985 (16 U.S.C. 3841) is amended by adding at the end the following: > > ### “(j) Conservation Standards and Requirements > > > #### “(1) In general > > Subject to the requirements of this title, the Natural Resources Conservation Service shall serve as the lead agency in developing and establishing technical standards and requirements for conservation programs carried out under this title, including— > > > ##### “(A) > > standards for conservation practices under this title; > > > ##### “(B) > > technical guidelines for implementing conservation practices under this title, including the location of the conservation practices; and > > > ##### “(C) > > standards for conservation plans. > > > #### “(2) Consistency of farm service agency technical standards and payment rates > > The Administrator of the Farm Service Agency shall ensure that— > > > ##### “(A) > > technical standards of programs administered by the Farm Service Agency are consistent with the technical standards established by the Natural Resources Conservation Service under paragraph (1); and > > > ##### “(B) > > payment rates, to the extent practicable, are consistent between the Farm Service Agency and the Natural Resources Conservation Service.” > .
Connectionstraces to 1
Traces to 1 document
U.S. Code
Citation graph
cites case law
Sec. 2501
COMMODITY CREDIT CORPORATION
Cites 1Cited by 0 across 0 sources