FARM BILL
Key dates:
• Last scheduled legislative day before elections: Sept. 27
• Farm bill expiration: Sept. 30, 2024. While many farm programs will technically expire Sept. 30, the practical impact of this won’t be felt until the end of the year.
• Election day: Nov. 5
• End of the year: Dec. 31. Congress will either need to pass a new farm bill or another short-term extension.
Senate agriculture
committee action Debbie Stabenow, D-Michigan, Senate Committee on Agriculture, Nutrition and Forestry chairwoman, has also released key details on her proposal for the farm bill. Stabenow’s proposal would streamline the TSP program, enhance loans for precision technology adoption and authorize $650 million annually for the ReConnect Program. Notably, Stabenow’s proposal differs from the House bill by preserving the climate guardrails included on IRA funds. As of the end of May, Stabenow has not indicated timing of a potential markup by her committee.
Conference committee and
final approval A conference committee reconciles differences between the House and Senate versions. The unified bill is then voted on by both chambers for final approval.
Presidential and potential
Senate floor debate and vote Senate Majority Leader Chuck Schumer, D-New York, has not yet indicated timing of potential consideration of a bill in the Senate. But given the 60-vote threshold requirement for legislation in the Senate, any bill will need broad bipartisan support to clear the chamber.
veto override The final bill is sent to the president for signature. If vetoed, Congress can override the veto with a two-thirds majority vote in both chambers, enacting the bill into law despite presidential disapproval.
THOMPSON HAS INDICATED HE HOPES THE BILL COULD BE CONSIDERED BY THE HOUSE IN SEPTEMBER.
AS POLICYMAKERS PLOT THE PATH FORWARD, THE STAKES ARE HIGH FOR FARMERS, CONSUMERS AND THE BROADER AGRICULTURAL INDUSTRY.
irrigationtoday.org Summer 2024 | Irrigation TODAY 35
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