US SB1161 | 2011-2012 | 112th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on June 9 2011 - 25% progression, died in committee
Action: 2011-06-09 - Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. (text of measure as introduced: CR S3687-3688)
Pending: Senate Agriculture, Nutrition, And Forestry Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on June 9 2011 - 25% progression, died in committee
Action: 2011-06-09 - Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. (text of measure as introduced: CR S3687-3688)
Pending: Senate Agriculture, Nutrition, And Forestry Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Rural America Preservation Act of 2011 - Amends the Food Security Act of 1985 to cap maximum annual direct and counter-cyclical payments to an individual (for covered commodities and peanuts) at $20,000 and $30,000, respectively. Revises limitation provisions for marketing loan gains, loan deficiency payments, and commodity certificate transactions, and establishes an annual combined limitation of $75,000 for such payments. Doubles payment limitations for single farming operations. Limits an individual or a legal entity to a combined annual payment of $250,000. Revises provisions respecting limitation of benefits to active farmers. Makes foreign individuals and foreign entities ineligible for agricultural program benefits.
Title
Rural America Preservation Act of 2011
Sponsors
Sen. Chuck Grassley [R-IA] | Sen. Sherrod Brown [D-OH] | Sen. Michael Enzi [R-WY] | Sen. Kirsten Gillibrand [D-NY] |
Sen. Tim Johnson [D-SD] |
History
Date | Chamber | Action |
---|---|---|
2011-06-09 | Senate | Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. (text of measure as introduced: CR S3687-3688) |
2011-06-09 | Senate | Sponsor introductory remarks on measure. (CR S3686) |
Same As/Similar To
SB2217 (Related) 2012-03-21 - Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. (text of measure as introduced: CR S1936-1938)
Subjects
Administrative law and regulatory procedures
Agricultural marketing and promotion
Agricultural prices, subsidies, credit
Agriculture and food
Corporate finance and management
Department of Agriculture
U.S. and foreign investments
Agricultural marketing and promotion
Agricultural prices, subsidies, credit
Agriculture and food
Corporate finance and management
Department of Agriculture
U.S. and foreign investments
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/112th-congress/senate-bill/1161/all-info |
Text | https://www.congress.gov/112/bills/s1161/BILLS-112s1161is.pdf |