Please Wait a Moment

The Voices of Land blog

Get insight on current land trends and issues from experts across the land real estate industry.

20Jun

Farm Bill Update: Reauthorization Moves Forward in Congress

By Russell Riggs, RLI's Advocacy Liaison and Director of Environmental and Sustainability Policy for NAR

As of June 20, 2024, Republican and Democratic priorities for the reauthorization of the Farm Bill have been unveiled and negotiators are set to engage in conversations to settle their differences and reach a compromise. The Farm Bill is a multi-year law, reauthorized every five or six years, that encompasses a variety of programs administered by the U.S. Department of Agriculture (USDA). It was last authorized in 2018.

The USDA programs authorized by this omnibus legislation are divided into twelve titles, including titles for conservation, energy, forestry, and rural development. Lawmakers tasked with spearheading the Farm Bill reauthorization are the leaders of the House Agriculture Committee and the Senate Committee on Agriculture, Nutrition, and Forestry.

Leaders in these House and Senate authorizing committees spent the first half of the year developing and unveiling their proposals. The House of Representatives is ahead of the Senate. The House Agriculture Committee approved a bill, H.R. 8467, known as the Farm, Food, and National Security Act of 2024 in a markup held on May 23, by a vote of 33-21, with support from three Democrats. Timing for a floor vote on Chairman Thompson’s bill in the House remains uncertain.

At a high-level, top priorities for Democratic policymakers are: (1) protecting and increasing access to nutrition and food assistance programs, like the Supplemental Nutrition Assistance Program (SNAP); and (2) advancing climate policies, which include protecting funds allocated by the Inflation Reduction Act (IRA) for climate-focused initiatives in USDA conservation programs. Republican lawmakers are primarily prioritizing the allocation of additional resources for farm safety net programs, like crop insurance, the Price Loss Coverage Program, and the Agriculture Risk Coverage Program, as U.S. net farm income continues to decrease. Their slogan is “More Farm in the Farm Bill.”

Legislation has not yet been introduced in the Senate. On May 1, Senate Agriculture Committee Chair Debbie Stabenow (D-MI) released a section-by-section framework that highlights priorities supported by Senate Democrats. Senate Republicans, led by Senator John Boozman (R-AR), unveiled a title-by-title outline of Senate GOP priorities on June 11.

RLI will continue to monitor the process as the reauthorization moves forward and will keep members apprised of any developments.

Russell Riggs is RLI's Advocacy Liaison for the National Association of REALTORS and Director of Environmental and Sustainability Policy for NAR. He holds a bachelor's in political science from Virginia Commonwealth University, a master's in public policy from Tufts University, and a master's in public administration from New York University.

About the Author

Related

Farm Bill Renewal is Critical to Nation’s Food Supply, Nutrition, and Rural Communities

Farm Bill Renewal is Critical to Nation’s Food Supply, Nutrition, and Rural Communities

One piece of legislation has had as profound an impact on America as thousands of other bills combin...

Read More >
Top Dos and Don’ts for a Compelling ALC Application & Portfolio

Top Dos and Don’ts for a Compelling ALC Application & Portfolio

If you're applying to become an Accredited Land Consultant (ALC) avoid these missteps and follow...

Read More >
Recreational Land 101

Recreational Land 101

Recreational land is so much more than just another land type. It can be a family heirloom passed do...

Read More >
6 Ways to Combat Property Title Fraud

6 Ways to Combat Property Title Fraud

Property titles can provide detailed information about your land's boundaries, structures, easem...

Read More >
23 Things to Know Before Buying Hunting Land

23 Things to Know Before Buying Hunting Land

Buying land can be a stressful process, especially for first-time buyers. For those thinking about b...

Read More >
Listen to the Land: Listing Advice

Listen to the Land: Listing Advice

In any real estate niche, the goal should be the same: Find the right buyer for the property and the...

Read More >
You need to login in order to comment