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S 658 118th Congress Senate Agriculture and Food Agricultural conservation and pollution Agricultural prices, subsidies, credit Congressional oversight Land use and conservation Water quality Wildlife conservation and habitat protection

EQIP Improvement Act of 2023

Introduced: March 6, 2023 Introduced by: Booker, Cory A. Democratic · New Jersey See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 6, 2023
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Mar 6, 2023
Introduced in Senate
 Plain-English summary Congressional Research Service

EQIP Improvement Act of 2023

This bill amends the Environmental Quality Incentives Program (EQIP) to reduce and remove certain payment requirements. (EQIP provides technical and financial assistance to agricultural producers and forest landowners to address natural resource concerns.)

Specifically, the bill

  • reduces the maximum payments available to a person or legal entity under EQIP to $150,000 per five-year period (from the current level of $450,000), thereby allowing for an increase in the overall number of participants in the program;
  • reduces federal cost sharing to 40% (from 75%) for the costs associated with planning, installation, or maintenance for specified conservation practices (e.g., access roads, dams, and waste storage facilities); and
  • removes a requirement that 50% of EQIP funding payments go to livestock production programs.
What's happening now March 6, 2023

Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.

 Committees of jurisdiction 1