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Here is a look at the legislation’s provisions.
COVID aid to farmers. The bill provides farmers what is essentially a third round of payments under the Coronavirus Food Assistance Program. Row crop farmers will receive new payments worth $20 an acre. Eligible crops include those that qualified for CFAP-2 on either the price-trigger or flat-rate basis. Cattle producers will receive supplemental payments under a separate formula. USDA has paid farmers more than $23 billion through the first two CFAP rounds.
There also is a pot of money that USDA can use to make payments to producers who were affected by payment limits in previous CFAP rounds.
BY RRN Staff | December 22, 2020
Image: flySnow/iStock/Thinkstock
Congress passed a COVID-19 relief package on December 21 as part of a package to fund the federal government through September of 2021.
Inside the bill are serval provisions and items that relate to the agriculture industry.
On Tuesday, the Nebraska Farm Bureau released a “Key Provisions” document outlining some of the items that pertain to farmers and ranchers.
The following content is courtesy of the Nebraska Farm Bureau, shared to Nebraska Farm Bureau members.
General
Includes $600/person stimulus payments. Individuals making up to $75,000/year will receive a payment of $600, while couples making up to $150,000 will receive $1,200, in addition to $600/child.
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Luján Votes For COVID Funding, Spending Package
From the Office of U.S. House Assistant Speaker Ben Ray Luján:
…Package Includes Direct Checks, Unemployment Benefits, Rental Assistance, Small Business Relief, and Funding for Vaccine Deployment
Washington, D.C. – U.S. House Assistant Speaker Ben Ray Luján (D-N.M.) voted for the House passage of a bipartisan omnibus appropriations package that includes COVID-19 funding. The legislation funds the government through September and extends COVID-19 relief programs like federal enhanced unemployment benefits, economic impact payments, emergency rental assistance, and the Paycheck Protection Program. It also includes billions of dollars to support mass vaccination efforts to curb the spread of COVID-19. The legislation now advances to the Senate, where it is expected to pass later tonight.