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Farm Bill Primer: Budget Dynamics (CRS Report for Congress)

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Release Date Revised Oct. 18, 2024
Report Number IF12233
Report Type In Focus
Authors Jim Monke
Source Agency Congressional Research Service
Older Revisions
  • Premium   Revised July 8, 2024 (3 pages, $24.95) add
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Summary:

Congress is considering a new farm bill because provisions in the 2018 farm bill (P.L. 115-334) and its one year extension (P.L. 118-22, Division B, §102) began expiring at the end of FY2024 (CRS Report R47659, Expiration of the 2018 Farm Bill and Extension for 2024). On May 23, 2024, the House Committee on Agriculture ordered reported H.R. 8467. The Senate Committee on Agriculture, Nutrition, and Forestry has not released bill text for a farm bill. Federal spending for agriculture is divided into two main categories—mandatory and discretionary spending: • Mandatory spending is authorized primarily for the farm commodity programs, conservation, crop insurance, and the nutrition assistance programs. A farm bill authorizes outlays for mandatory programs when the law is enacted. • Discretionary appropriations are authorized for most other programs, including rural development, research, and credit programs. Farm bills set program parameters. Funding may be provided in appropriations acts. Some farm bill programs have received both types of funding. Discretionary appropriations are the primary source for many programs, but mandatory spending usually dominates the farm bill budget debate and is the focus here.