S. 1161 · 112th Congress

Rural America Preservation Act of 2011

Stage
In committee
Introduced
2011-06-09
Latest action
2011-06-09 · Introduced in Senate

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.