ABSTRACT

Farm Safety Net Provisions in a 2012 Farm Bill: S. 3240 and H.R. 6083 [September 28, 2012]   [open pdf - 772KB]

"The farm commodity provisions of the Food, Conservation, and Energy Act of 2008 (P.L. 110- 246, the 2008 farm bill) expire with the 2012 crop year. Consequently, the 112th Congress has been considering an omnibus farm bill that would establish the direction of agricultural policy for the next five years. The Senate passed its version of the new farm bill (S. 3240) on June 21, 2012, by a vote of 64-35. The House Committee on Agriculture passed its version (H.R. 6083) on July 11, 2012, by a vote of 35-11. This report compares the so-called 'farm safety net' provisions in the two bills. The broader farming community uses the term farm safety net to refer to the combination of (1) farm commodity price and income support programs in the 2008 farm bill, (2) federal crop insurance (permanently authorized) under the Federal Crop Insurance Act of 1980, and (3) five disaster assistance programs in the 2008 farm bill, which expired on September 30, 2011. Title I of both versions of the farm bill contains commodity and disaster program provisions, and Title XI modifies the current crop insurance program. Both bills would reshape the structure of farm commodity support, reauthorize several disaster programs, and expand crop insurance coverage. Additional background on proposals and issues that shaped the two bills appears in CRS [Congressional Research Report] Report R42040, 'Farm Safety Net Proposals in the 112th Congress.' That report also describes current farm safety net programs authorized under the 2008 farm bill."

Report Number:
CRS Report for Congress, R42759
Author:
Publisher:
Date:
2012-09-28
Copyright:
Public Domain
Retrieved From:
Via E-mail
Format:
pdf
Media Type:
application/pdf
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