H.R. 1590 · 109th Congress
Rural America Preservation Act
- Stage
- In committee
- Sponsor
- Ron Kind
- Introduced
- 2005-04-13
- Latest action
- 2005-04-13 · Introduced in House
Summary
Rural America Preservation Act - Amends the Food Security Act of 1985 to reduce maximum annual direct and counter-cyclical commodity payments to $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 to a combined annual payment of $250,000. Makes a person who commits fraud in connection with a scheme or device to evade certain program limitations (multiple entities, citizenship) ineligible for farm benefits for six years.