HR 294
Dairy Farm Resiliency Act
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Bill overview
The Dairy Farm Resiliency Act modifies the Dairy Margin Coverage (DMC) program, which provides financial support to dairy farmers by guaranteeing a minimum price for their milk. The bill changes the requirements for dairy farms to participate in the program, specifically updating the timeframe for calculating production history and increasing the coverage limits for milk production tiers. These adjustments aim to provide more consistent and accessible support to dairy producers.
Key provisions
- Updates the timeframe for calculating dairy farm production history for DMC eligibility.
- Requires a five-year recalculation of production history.
- Increases Tier I margin coverage to 6 million pounds of annual milk production.
- Increases Tier II margin coverage to over 6 million pounds of annual milk production.
- Amends Section 1405 of the Agricultural Act of 2014 regarding production history.
- Amends Section 1407 of the Agricultural Act of 2014 regarding dairy margin premiums.
Who is affected
- Dairy farmers
- The dairy industry
- The United States Department of Agriculture (USDA)
Notable changes
- Changes the calculation of dairy farm production history.
- Increases the coverage limits for Tier I and Tier II margin programs.
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119th CONGRESS — 1st Session
H. R. 294
IN THE HOUSE OF REPRESENTATIVES
A BILL
To amend the Agricultural Act of 2014 with respect to the dairy margin coverage program, and for other purposes.
This Act may be cited as the Dairy Farm Resiliency Act
.
during any one of the 2011, 2012, or 2013 calendar yearsand inserting
in the most recent three-year history, as calculated once every five years.
Section 1407(b) of the Agricultural Act of 2014 (7 U.S.C. 9057(b)) is amended—
in the heading, by striking 5,000,000
and inserting 6,000,000
; and
in paragraph (1), by striking 5,000,000
and inserting 6,000,000
.
Section 1407(c) of the Agricultural Act of 2014 (7 U.S.C. 9057(c)) is amended—
in the heading, by striking 5,000,000
and inserting 6,000,000
; and
in paragraph (1), by striking 5,000,000
and inserting 6,000,000
.