[Congressional Bills 104th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1719 Introduced in House (IH)]







104th CONGRESS
  1st Session
                                H. R. 1719

 To amend the Food Security Act of 1985 to limit farm program payments 
    to producers who earn less than $100,000 annually from off-farm 
                                sources.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                              May 25, 1995

  Mrs. Lowey introduced the following bill; which was referred to the 
                        Committee on Agriculture

_______________________________________________________________________

                                 A BILL


 
 To amend the Food Security Act of 1985 to limit farm program payments 
    to producers who earn less than $100,000 annually from off-farm 
                                sources.
    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,
SECTION 1. INCOME LIMITATIONS ON RECEIPT OF FARM PROGRAM PAYMENTS.

    (a) Income Limitations on Receipt of Payments.--Section 1001 of the 
Food Security Act of 1985 (7 U.S.C. 1308) is amended by adding at the 
end the following new paragraph:
    ``(8) Adjusted gross income limitation.--(A) A person who has an 
adjusted gross income of $100,000 or more from off-farm sources 
annually shall not be eligible to receive deficiency payments and land 
diversion payments described in paragraph (1) or other payments 
described in paragraph (2)(B).
    ``(B) For purposes of this paragraph:
            ``(i) The term `adjusted gross income' has the meaning 
        given that term in section 62 of the Internal Revenue Code of 
        1986 (26 U.S.C. 62).
            ``(ii) The term `off-farm sources' means sources of income 
        for a person unrelated to the production and sale of a 
        agricultural commodity by the person. Such term shall not 
        include interest or dividend income resulting from savings 
        derived from revenues from the production and sale of a 
        agricultural commodity.''.
    (b) Application.--The amendment made by subsection (a) shall apply 
to crop years beginning after the date of the enactment of this Act.
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