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Thursday, December 26, 2024

Stopgap spending invoice contains 1-year Farm Invoice extension


A stopgap spending invoice launched by Home Republicans on Nov. 12 features a one-year extension of the 2018 Farm Invoice, which expired on Sept. 30, 2023. The extension would stay in place by way of Sept. 30, 2024.

“As negotiations on funding the federal government progress, we had been capable of come collectively to keep away from a lapse in funding for important agricultural applications and supply certainty to producers. This extension is under no circumstances an alternative to passing a 5-year Farm Invoice and we stay dedicated to working collectively to get it performed subsequent yr,” stated Sens. Debie Stabenow, D-Mich., and John Boozman, R-Ark., and Reps. Genn Thompson, R-Pa., and David Scott, D-Ga., the 4 leaders of the Home and Senate Agriculture Committees, in assertion launched Nov. 12.

The Farm Invoice is a bundle of laws that’s usually handed each 5 years. It covers a variety of applications, together with crop insurance coverage, diet applications and applications that assist bioenergy initiatives. Applications included underneath the Power Title of the 2018 Farm Invoice embrace the Biobased Markets Program; the Biorefinery, Renewable Chemical and Biobased Merchandise Manufacturing Help Program; the Bioenergy Program for Superior Biofuels; the Biodiesel Gasoline Schooling Program; The Rural Power for America Program; the Biomass Analysis and Growth Program; the Feedstock Flexibility Program; the Biomass Crop Help Program; the Group wooden Power and Wooden Innovation Program; and The Carbon Utilization and Biogas Schooling Program.

With out Congressional motion, a authorities shutdown will start Nov. 17. A vote on the stopgap invoice launched by Home Republicans might be held as quickly As Nov. 14. A full copy of the invoice, H.R. 6363 – Additional Persevering with Appropriations and Different Extension Act of 2024, is on the market on the Home Committee on Guidelines web site.

 

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