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H.R. 1590

BillFederalHouseIn Committee
Rural America Preservation Act
About This Bill
Committee
Latest Action · April 13, 2005
Referred to the House Committee on Agriculture.
Congress
109th (2005–2007)
Introduced
April 13, 2005
Cosponsors (2)
1D 1R
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Summary

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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.

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