{
  "id": "RL31524",
  "type": "CRS Report",
  "typeId": "REPORTS",
  "number": "RL31524",
  "active": false,
  "source": "EveryCRSReport.com",
  "versions": [
    {
      "source": "EveryCRSReport.com",
      "id": 101340,
      "date": "2002-08-01",
      "retrieved": "2016-05-24T20:06:28.278941",
      "title": "The 2002 Farm Bill: Comparison of Commodity Support Provisions with the House and Senate Proposals, and Prior Law",
      "summary": "A new farm bill, the Farm Security and Rural Investment Act of 2002 ( P.L. 107-171 ), covering\ncrop\nyears 2002-2007, was signed into law May 13, 2002. Conferees resolved the differences between\nthe  H.R. 2646  and  S. 1731  and the conference report ( H.Rept. 107-424 )\nwas adopted by the House on May 2 and the Senate on May 8. The previous farm bill (now prior\nlaw) was the Federal Agriculture Improvement and Reform Act of 1996 ( P.L. 104-127 ), popularly\ncalled the FAIR Act. Commodity support authority in the FAIR Act (Title I, Agricultural Market\nTransition Act (AMTA)) was set to expire after crop year 2002. \n  This report provides a side-by-side comparison of prior law (AMTA), with most commodity\nsupport provisions of Title I of the new law, and the House and Senate farm bills. There are\nimportant similarities and differences between the various versions. \n  The new law takes effect immediately and applies to crops harvested in 2002. While the House\nbill would have authorized support programs through 2011 (10 years), and the Senate bill 2006 (5\nyears), conferees agreed to authorize support through 2007 (6 years). As proposed in both bills,\nconferees agreed to continue marketing assistance loans, first adopted in the 1985 farm bill and\nextended by AMTA. The new law will continue the annual fixed, decoupled contract payments first\nadopted under AMTA in 1996. And, as both bills proposed, the new law will restore the\ncounter-cyclical payments (target price deficiency payments) discontinued by AMTA. The peanut\nsupport program is transformed to mirror the program for grains and oilseeds. At the more detailed\nlevel of commodity loan rates, contract payment rates, counter-cyclical target prices, and payment\nlimitations, the conference report made compromises between the two bills that were adopted as new\nlaw.",
      "type": "CRS Report",
      "typeId": "REPORTS",
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      "topics": []
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}