Beginning Farmers Agenda Act of 2016
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Jul 14, 2016)
Beginning Farmers Agenda Act of 2016
This bill amends various agricultural laws to modify and establish programs to assist beginning farmers.
The bill makes land trusts eligible for certain assistance under the Department of Agriculture (USDA) Agricultural Conservation Easement Program. In administering the program, USDA may prioritize an application for purchasing an easement that maintains agricultural viability, requires subsequent purchases to be at agricultural value, or both.
The bill amends the Internal Revenue Code to exclude from gross income up to $250,000 in gains from the sale or exchange of certain agricultural property to a beginning, socially disadvantaged, or veteran farmer or rancher, subject to specified conditions.
The bill modifies several agricultural programs to:
- require the Farm Service Agency (FSA) to prequalify loan applicants,
- increase and index for inflation the limit on the amount of USDA farm ownership loans per borrower,
- establish minimum funding requirements for agriculture land easements and wetland reserve easements,
- transfer jurisdiction of the Advisory Committee on Beginning Farmers and Ranchers to the FSA,
- establish an online customer self-service portal,
- reauthorize the Beginning Farmer and Rancher Development Program, and
- authorize grants for farm viability programs.
The FSA must assign state coordinators to promote communication with beginning farmers or ranchers and increase their access to USDA programs.
The General Services Administration may sell surplus farm equipment or property to socially disadvantaged, veteran, or beginning farmers and ranchers.
The bill provides funding for: (1) the Beginning Farmer and Rancher Individual Development Accounts Pilot Program, and (2) the Farmers Market and Local Food Promotion Program.
What just happenedAug 30, 2016
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
Who’s behind it
- Introduced in HouseJul 14, 2016
- Aug 30, 2016Committee
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
Commodity Markets, Digital Assets, and Rural Development Subcommittee - Jul 14, 2016IntroReferralH11100
Referred to the Committee on Agriculture, and in addition to the Committees on Ways and Means, and Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Oversight and Accountability Committee - Jul 14, 2016IntroReferralH11100
Referred to the Committee on Agriculture, and in addition to the Committees on Ways and Means, and Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Ways and Means Committee - Jul 14, 2016IntroReferralH11100-A
Referred to the Committee on Agriculture, and in addition to the Committees on Ways and Means, and Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- Jul 14, 2016IntroReferralH11100
Referred to the Committee on Agriculture, and in addition to the Committees on Ways and Means, and Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Agriculture Committee - Jul 14, 2016IntroReferralIntro-H
Introduced in House
- Jul 14, 2016IntroReferral1000
Introduced in House