The Senate Agriculture Committee voted 20-1 to pass the Senate version of the farm bill, the Agriculture Improvement Act of 2018 (S. 3042). ICBA applauded the panel and said the bipartisan vote sends a strong message to the full Senate to quickly adopt the measure.
ICBA said it welcomes the bill’s provisions to maintain commodity price protections and a strong crop insurance program. ICBA also supports the bill’s increase for guaranteed farm loan limits to $1.75 million, up from the current $1.39 million level, in addition to other important programs.
“The bipartisan vote keeps the process of enacting a new farm bill this year moving forward,” ICBA President and CEO Rebeca Romero Rainey said. “Although there are still many challenges to enacting final legislation, ICBA will work with Congress on enacting a new farm bill in a timely manner.”
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