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In November 2023, President Joe Biden signed into law H.R. 6363 that extended the Agriculture Improvement Act of 2018, also known as the 2018 United States farm bill, until September 20, 2024. [ 8 ] History of farm bills: 1914 to 1981
More than 300 U.S. farm and commodity groups urged Congress in a letter on Monday to pass a long-delayed farm spending bill before the end of the year, as farmers face a projected decline in income.
The 2018 farm bill or Agriculture Improvement Act of 2018 is an enacted United States farm bill that reauthorized $867 billion for many expenditures approved in the prior farm bill (the Agricultural Act of 2014). The bill was passed by the Senate and House on December 11 and 12, 2018, respectively.
The 118th United States Congress, which began on January 3, 2023, and ended on January 3, 2025, has enacted 274 public laws and zero private laws. [1] [2] [3]In contrast with previous Congresses, which generally enacted their first laws no later than January or February, the 118th Congress's first law was enacted on March 20. [4]
Members of Congress writing the 2023 U.S. Farm Bill should remember three things: Hunger in America is a serious problem. Climate change requires adjustments in farming practices.
The percentage of Americans who live on a farm diminished from nearly 25% during the Great Depression to about 2% now, [8] and only 0.1% of the United States population works full-time on a farm. As the agribusiness lobby grows to near $60 million per year, [ 9 ] the interests of agricultural corporations remain highly represented.
That year, President Abraham Lincoln signed the Organic Act recreating the Department of Agriculture. [6] It became the Committee on Agriculture and Forestry in 1884, a reflection of the growing importance of forests to the country's needs. [7] It was renamed again to the Committee on Agriculture, Nutrition, and Forestry in 1977.
For retirement savers with a 401(k), 457 plan, self-employed 401(k) or a 403(b) plan, they will see their contribution limits increase in 2023. The contribution limit has increased to $22,500 for ...