Farm Payments: Analysis of Proposals to Amend the $50,000 Payment Limit

摘要

The report analyzes two proposals to amend the current $50,000 per person payment limitation provisions contained in Section 1001(5) of the Food Security Act of 1985, as amended, and U.S. Department of Agriculture (USDA) regulations. The proposals analyzed were H.R. 3042 and an alternative proposal that has not yet been introduced. These proposals were compared with the existing legislations and regulations to determine if they would prevent certain types of farm reorganizations. The reorganizations targeted by the legislation are those which have the effect of circumventing the payment limitation by adding new persons to farming operations, allowing each to qualify for up to $50,000.