119-hr2043

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Agricultural Commodities Price Enhancement Act

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Introduced:
Mar 11, 2025
Policy Area:
Agriculture and Food

Bill Statistics

4
Actions
0
Cosponsors
1
Summaries
1
Subjects
1
Text Versions
Yes
Full Text

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Latest Action

Mar 28, 2025
Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.

Summaries (1)

Introduced in House - Mar 11, 2025 00
<p><strong>Agricultural Commodities Price Enhancement Act</strong></p><p>This bill increases the reference prices for certain commodities under the Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC) programs. Specifically, the bill increases the reference prices for wheat, corn, soybeans, peanuts, and seed cotton.</p><p>The ARC and PLC programs, administered by the Farm Service Agency, offer financial assistance to eligible agricultural producers, and the reference prices are used to calculate&nbsp;benefits under the programs. The ARC Program is an income support program that provides payments to producers when actual crop revenue declines below a specified guarantee level. The&nbsp;PLC Program provides income support payments when the effective price for a covered commodity falls below its effective reference price.</p>

Actions (4)

Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.
Type: Committee | Source: House committee actions | Code: H11000
Mar 28, 2025
Referred to the House Committee on Agriculture.
Type: IntroReferral | Source: House floor actions | Code: H11100
Mar 11, 2025
Introduced in House
Type: IntroReferral | Source: Library of Congress | Code: Intro-H
Mar 11, 2025
Introduced in House
Type: IntroReferral | Source: Library of Congress | Code: 1000
Mar 11, 2025

Subjects (1)

Agriculture and Food (Policy Area)

Text Versions (1)

Introduced in House

Mar 11, 2025

Full Bill Text

Length: 1,646 characters Version: Introduced in House Version Date: Mar 11, 2025 Last Updated: Nov 14, 2025 6:20 AM
[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2043 Introduced in House

(IH) ]

<DOC>

119th CONGRESS
1st Session
H. R. 2043

To increase the reference prices for certain commodities, and for other
purposes.

_______________________________________________________________________

IN THE HOUSE OF REPRESENTATIVES

March 11, 2025

Mr. Davis of North Carolina introduced the following bill; which was
referred to the Committee on Agriculture

_______________________________________________________________________

A BILL

To increase the reference prices for certain commodities, and for other
purposes.

Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1.

This Act may be cited as the ``Agricultural Commodities Price
Enhancement Act''.
SEC. 2.
AND SEED COTTON.
Section 1111 (19) is amended of the Agricultural Act of 2014 (7 U.

(19) is amended of the Agricultural Act of 2014 (7
U.S.C. 9011

(19) ) is amended--

(1) in subparagraph
(A) , by striking ``$5.50 per bushel''
and inserting ``$6.50 per bushel'';

(2) in subparagraph
(B) , by striking ``$3.70 per bushel''
and inserting ``$4.20 per bushel'';

(3) in subparagraph
(H) , by striking ``$8.40 per bushel''
and inserting ``$10.00 per bushel'';

(4) in subparagraph
(J) , by striking ``$535.00 per ton''
and inserting ``$635.00 per ton''; and

(5) in subparagraph
(O) , by striking ``$0.367 per pound''
and inserting ``$0.45 per pound''.
<all>