S 2217
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 2012
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 21, 2012
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. (text of measure as introduced: CR S1936-1938)
Mar 21, 2012
Sponsor introductory remarks on measure. (CR S1935-1936)
Mar 21, 2012
Introduced in Senate
Plain-English summary
Rural America Preservation Act of 2012 - Amends the Food Security Act of 1985 to cap maximum annual crop year direct and indirect payments to an individual or a legal entity for: (1) covered commodities, at $125,000 (maximum of $75,000 in marketing loan gains and loan deficiency payments and $50,000 for other payments); and (2) peanuts, at $125,000 (maximum of $75,000 in marketing loan gains and loan deficiency payments and $50,000 for other payments).
Provides that an eligible person and spouse in a single farming operation may jointly receive up to twice such amount.Revises provisions respecting limitation of benefits to active farmers.
Makes foreign individuals and foreign entities ineligible for agricultural program benefits.
What's happening now
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. (text of measure as introduced: CR S1936-1938)
Committees of jurisdiction
1
Cosponsors
1