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S 1161 112th Congress Senate Agriculture and Food Administrative law and regulatory procedures Agricultural marketing and promotion Agricultural prices, subsidies, credit Corporate finance and management Department of Agriculture U.S. and foreign investments

Rural America Preservation Act of 2011

Introduced: June 9, 2011 Introduced by: Grassley, Chuck Republican · Iowa See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 9, 2011
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. (text of measure as introduced: CR S3687-3688)
Jun 9, 2011
Sponsor introductory remarks on measure. (CR S3686)
Jun 9, 2011
Introduced in Senate
 Plain-English summary Congressional Research Service

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.

What's happening now June 9, 2011

Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. (text of measure as introduced: CR S3687-3688)

 Committees of jurisdiction 1