3.0.0 5629 2023-01-11T13:39:47Z 2023-01-11T13:39:47Z House HR 2018-04-26 115 [Congressional Record Volume 164, Number 68 (Thursday, April 26, 2018)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. NORMAN:H.R. 5629.Congress has the power to enact this legislation pursuantto the following:Article I, Section 7[Page H3706]]]> hsag00 Agriculture Committee House Standing Referred to 2018-04-26T14:03:00Z 2018-04-26 Referred to the House Committee on Agriculture. IntroReferral H11100 2 House floor actions hsag00 Agriculture Committee 2018-04-26 Introduced in House IntroReferral Intro-H 9 Library of Congress 2018-04-26 Introduced in House IntroReferral 1000 9 Library of Congress N000190 Rep. Norman, Ralph [R-SC-5] Ralph Norman R SC 5 N G000565 Rep. Gosar, Paul A. [R-AZ-4] Paul Gosar R AZ A. 4 2018-04-26 True Agriculture and Food Agricultural insurance Agricultural marketing and promotion Agricultural prices, subsidies, credit Commodities markets Fruit and vegetables Horticulture and plants Insurance industry and regulation Agriculture and Food 00 2018-04-26 Introduced in House 2019-04-19T16:49:31Z President Trump's Farm Bill Reforms Act of 2018

This bill modifies several Department of Agriculture (USDA) programs to reduce farm subsidies and revise eligibility requirements.

The bill includes provisions that:

  • reduce crop insurance premium subsidies;
  • eliminate the separate payment limitation for peanuts;
  • terminate the use of commodity certificates to pay off marketing assistance loans;
  • eliminate crop insurance premium subsidies and payments under conservation and commodity programs for farms with annual adjusted gross incomes that exceed $500,000;
  • prohibit more than one person in a farming operation from qualifying as a farm manager actively engaged in farming for the purposes of receiving payments under USDA commodity programs; and
  • limit the average rate of return for private insurance companies participating in the Federal Crop Insurance Program to 12% of retained premiums.
]]> President Trump's Farm Bill Reforms Act of 2018 Display Title President Trump's Farm Bill Reforms Act of 2018 Official Title as Introduced To amend the Federal Crop Insurance Act and Food Security Act of 1985 to enact reforms to farm subsidies and crop insurance called for in President Trump's budget for fiscal year 2019. Introduced in House IH Short Titles as Introduced President Trump's Farm Bill Reforms Act of 2018 Introduced in House 2018-04-26T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr5629ih/xml/BILLS-115hr5629ih.xml 2018-04-26 Referred to the House Committee on Agriculture. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.