House Committee Marks Up Farm Bill, Includes Similar Trade Provisions as Senate Version
The House version of the farm bill, scheduled for a marathon markup in the House Agriculture Committee May 15, includes many of the same trade-related provisions as the Senate version (see 13051424 for more on the Senate farm bill). The…
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House bill, HR-1947, also reauthorizes funding for the Export Credit Guarantee, Market Access and Foreign Market Development Cooperator programs. The Market Access Program is reauthorized on a cost-share basis and private contributions are estimated to be 60 percent of the total annual spending on trade promotion and market development, according to a House Agriculture Committee summary of the bill (here). The bill also adds a new section allowing the U.S. Department of Agriculture to establish a presidentially appointed position of Under Secretary for Foreign Agricultural Services, which would allow USDA to place a “renewed focus on solving trade issues through the Foreign Agricultural Service,” the House summary said. In his opening statement, Committee Ranking Member Collin Peterson, D-Minn., said he hoped the farm bill could be voted on by the full House sometime before the July 4 recess.