S.1161 - Rural America Preservation Act of 2011
A bill to amend the Food Security Act of 1985 to restore integrity to and strengthen payment limitation rules for commodity payments and benefits. view all titles (2)
All Bill Titles
- Official: A bill to amend the Food Security Act of 1985 to restore integrity to and strengthen payment limitation rules for commodity payments and benefits. as introduced.
- Short: Rural America Preservation Act of 2011 as introduced.
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Committees
Official Summary
6/9/2011--Introduced.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 markeOfficial Summary
6/9/2011--Introduced.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....Read the Rest

U.S. Congress - S.1161 Rural America Preservation Act of 2011



