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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Introduced
 
Senate
Passes
 
House
Passes
 
President
Signs
 

 
06/09/11
 
 
 
 
 
 
 

Official Summary

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

Official Summary

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.

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