National Agri-Marketing Association
NAMA Website
Upcoming Events
Chapters
Agri-Marketing Conf
Best of NAMA 2020












AGRICULTURE RECONCILIATION PROVISIONS UNVEILED
Source: National Sorghum Producers

As Senate Agriculture Committee Chairwoman Debbie Stabenow (D-MI) indicated Wednesday, the agriculture provisions included in the text of the Democrats' reconciliation package have all taken a "haircut" from the levels approved earlier by House committees due to the downsizing of the larger package from $3.5 trillion down to $1.85 trillion.

However, the package includes:

*a $25-per-acre payment for cover crops from 2022 to 2026;

*increases funding for the Environmental Quality Incentives Program ($9 billion over 6 years),

*the Conservation Stewardship Program ($4.1 billion over 6 years),

*the Agricultural Conservation Easement Program ($1.7 billion over 6 years),

*the Regional Conservation Partnership Program ($7.5 billion over 6 years), and

*NRCS technical assistance and climate change mitigation activities ($850 million) for the purpose of reducing or sequestering greenhouse gas, methane and nitrous oxide emissions.

The measure also provides $960 million for biofuels infrastructure as well as funding for forestry, rural development, research, urban agriculture, and farmer debt forgiveness provisions.

The $1-a-gallon tax credit for biodiesel and renewable diesel would be extended through 2026 and then replaced by a low-carbon fuel credit extended to sustainable aviation fuel (SAF) as well as advanced biofuels such as ethanol produced with carbon-capture technology.


Search News & Articles










Proudly associated with:
American Business Media Canadian Agri-Marketing Association National Agri-Marketing Association
Agricultural Relations Council National Association of Farm Broadcasters American Agricultural Editors' Association Livestock Publications Council
All content © 2022, Henderson Communications LLC. | User Agreement