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Fund For Rural America
The Fund for Rural America was a fund established by the 1996 farm bill (P.L. 104–127, Sec. 793) to augment existing resources for agricultural research and rural development through an annual transfer of funds from the U.S. Treasury to USDA. The Fund was notable for being the first time that mandatory money (in the form of a mandatory annual transfer to USDA from the U.S. Treasury) was provided for research programs, which traditionally receive discretionary funds as provided annually by Congressional appropriators. One-third of the fund was designated for competitive agricultural research grants, one-third for rural development projects, and one-third for either research or rural development, at the Secretary's discretion. The 1996 farm bill (P.L. 104–127) authorized the U.S. Treasury to transfer $100 million annually to the Fund for 3 years, but a recision reduced that to $80 million. The Agricultural Research, Extension, and Education Reform Act of 1998 (P.L.105-185) extended ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1996 Farm Bill
The Federal Agriculture Improvement and Reform Act of 1996 (P.L. 104-127), known informally as the Freedom to Farm Act, the FAIR Act, or the 1996 U.S. Farm Bill, was the omnibus 1996 farm bill that, among other provisions, revises and simplifies direct payment programs for crops and eliminates milk price supports through direct government purchases. The law removed the link between income support payments and farm prices. It authorized 7-year production flexibility contract payments that provided participating producers with fixed government payments independent of current farm prices and production. The law specified the total amount of money to be made available through contract payments under production flexibility contracts for each fiscal year from 1996 through 2002. Payment levels were allocated among contract commodities according to specified percentages, generally derived from each commodity’s share of projected deficiency payments for fiscal 1996-2002. The law increas ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Agricultural Research, Extension, And Education Reform Act Of 1998
The Agricultural Research, Extension, and Education Reform Act of 1998 (P.L. 105-185) was separate legislation that revised and reauthorized federally supported agricultural research, education, and extension programs from June 1998 through May 2002 (historically, these authorities have been part of an omnibus farm policy law enacted every 4 to 6 years). The 1998 Act built upon reforms that were made in the research title of the farm law in effect at the time, the 1996 farm bill (P.L. 104-127). Key provisions were new accountability measures for recipients of federal research funds, and a new competitive research grant program called the Initiative for Future Agriculture and Food Systems, for which mandatory funds were authorized (annually appropriated discretionary funds support most of USDA’s research, education and extension programs). The 1998 law's provisions, as well as new revisions of research, education, and extension policies, are included in Title VII of the 2002 fa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2002 Farm Bill
The Farm Security and Rural Investment Act of 2002, also known as the 2002 Farm Bill, includes ten titles, addressing a great variety of issues related to agriculture, ecology, energy, trade, and nutrition. This act has been superseded by the 2007 U.S. Farm Bill. The act directs approximately 16.5 billion dollars of funding toward agricultural subsidies each year. These subsidies have a dramatic effect on the production of grains, oilseeds, and upland cotton. The specialized nature of the farm bill, as well as the size and timing of the bill, made its passage highly contentious. Debated in the U.S. House of Representatives during the immediate aftermath of the September 11th attacks in 2001, the bill drew criticism from the White House and was nearly amended. The amendment, which failed by a close margin, was proposed by Rep. Ron Kind (D-WI) and would have shifted money away from grain subsidies to conservation measures. Public debate over the farm bill continued, and the Senat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |