Food, Agriculture, Conservation, and Trade Act of 1990
January 05, 2024
The Food, Agriculture, Conservation, and Trade (FACT) Act of 1990 — P.L. 101-624 (November 28, 1990) was a 5-year omnibus farm bill that passed Congress and was signed into law.
Food, Agriculture, Conservation, and Trade Act of 1990
Long title
An original bill to extend and revise agricultural price support and related programs, to provide for agricultural export, resource conservation, farm credit, and agricultural research and related programs, to ensure consumers an abundance of food and fiber at reasonable prices, and for other purposes.
Reported by the joint conference committee on October 22, 1990; agreed to by the House of Representatives on October 23, 1990 (318–102) and by the Senate on October 25, 1990 (60–36)
This bill, also known as the 1990 farm bill, continued to move agriculture in a market-oriented direction by freezing target prices and allowing more planting flexibility.
New titles included rural development, forestry, organic certification (Title 21), and commodity promotion programs. The law established a Rural Development Administration (RDA) in the USDA to administer programs relating to rural and small community development. It extended and modified the Food Stamp Program and other domestic nutrition programs and made major changes in the operation of P.L. 480. It revised existing law involving agricultural trade credits and guarantees. It also established that Forest Stewardship Program (FSP), the Forest Land Enhancement Program (FLEP), the Forest Legacy Program (FLP), and the Urban and Community Forestry Program (UCF).[1]
Changesedit
The 1990 farm bill was soon altered by the Food, Agriculture, Conservation, and Trade Act Amendments of 1991 (P.L. 102-237)[2] to correct errors and alleviate problems in implementing the law. The amendments allowed the Farm Credit Bank for Cooperatives to make loans for agricultural exports and established a new regulatory scheme and capital standards for the Federal Agricultural Mortgage Corporation (Farmer Mac). The law also established new handling requirements for eggs to help prevent food-borne illness.
Further changesedit
More policy changes were made by the Omnibus Budget Reconciliation Act (OBRA) of 1993 (P.L. 103-66). This law intended to reduce federal farm spending by $3 billion over 5 years by eliminating USDA’s authority to waive minimum acreage set-aside requirements for wheat and corn, reducing deficiency payments to farmers participating in the 0/92 and 50/92 programs from 92% to 85% of the normal payment level, reducing the acreage to be enrolled in the Conservation Reserve Program and Wetlands Reserve Program, and requiring improvement in the actuarial soundness of the federal crop insurance program. The measure provided for a temporary moratorium on sales of synthetic bovine growth hormone and reduced the loan rate for soybeans. It reduced Market Promotion Program (MPP) funding through fiscal 1997 and provided for a series of significant MPP operational reforms. It also provided for the designation of a series of rural (and urban) empowerment and enterprise zones, eligible for special federal aid and tax credits.
Food, Agriculture, Conservation, and Trade Act of 1990 (PDF/details) as amended in the GPO Statute Compilations collection
January 05, 2024
food, agriculture, conservation, trade, 1990, food, agriculture, conservation, trade, fact, 1990, november, 1990, year, omnibus, farm, bill, that, passed, congress, signed, into, long, titlean, original, bill, extend, revise, agricultural, price, support, rela. The Food Agriculture Conservation and Trade FACT Act of 1990 P L 101 624 November 28 1990 was a 5 year omnibus farm bill that passed Congress and was signed into law Food Agriculture Conservation and Trade Act of 1990Long titleAn original bill to extend and revise agricultural price support and related programs to provide for agricultural export resource conservation farm credit and agricultural research and related programs to ensure consumers an abundance of food and fiber at reasonable prices and for other purposes Acronyms colloquial FACTNicknames1990 U S Farm BillAgricultural Development and Trade Act of 1990Enacted bythe 101st United States CongressEffectiveNovember 28 1990CitationsPublic law101 624Statutes at Large104 Stat 3359Legislative historyIntroduced in the Senate as S 2830 by Patrick Leahy D VT on July 6 1990Committee consideration by Agriculture Nutrition and ForestryPassed the Senate on July 27 1990 70 21 Passed the House of Representatives on August 4 1990 Unanimous consent Reported by the joint conference committee on October 22 1990 agreed to by the House of Representatives on October 23 1990 318 102 and by the Senate on October 25 1990 60 36 Signed into law by President George H W Bush on November 28 1990This bill also known as the 1990 farm bill continued to move agriculture in a market oriented direction by freezing target prices and allowing more planting flexibility Contents 1 Initial program 2 Changes 3 Further changes 4 See also 5 References 6 External linksInitial program editNew titles included rural development forestry organic certification Title 21 and commodity promotion programs The law established a Rural Development Administration RDA in the USDA to administer programs relating to rural and small community development It extended and modified the Food Stamp Program and other domestic nutrition programs and made major changes in the operation of P L 480 It revised existing law involving agricultural trade credits and guarantees It also established that Forest Stewardship Program FSP the Forest Land Enhancement Program FLEP the Forest Legacy Program FLP and the Urban and Community Forestry Program UCF 1 Changes editThe 1990 farm bill was soon altered by the Food Agriculture Conservation and Trade Act Amendments of 1991 P L 102 237 2 to correct errors and alleviate problems in implementing the law The amendments allowed the Farm Credit Bank for Cooperatives to make loans for agricultural exports and established a new regulatory scheme and capital standards for the Federal Agricultural Mortgage Corporation Farmer Mac The law also established new handling requirements for eggs to help prevent food borne illness Further changes editMore policy changes were made by the Omnibus Budget Reconciliation Act OBRA of 1993 P L 103 66 This law intended to reduce federal farm spending by 3 billion over 5 years by eliminating USDA s authority to waive minimum acreage set aside requirements for wheat and corn reducing deficiency payments to farmers participating in the 0 92 and 50 92 programs from 92 to 85 of the normal payment level reducing the acreage to be enrolled in the Conservation Reserve Program and Wetlands Reserve Program and requiring improvement in the actuarial soundness of the federal crop insurance program The measure provided for a temporary moratorium on sales of synthetic bovine growth hormone and reduced the loan rate for soybeans It reduced Market Promotion Program MPP funding through fiscal 1997 and provided for a series of significant MPP operational reforms It also provided for the designation of a series of rural and urban empowerment and enterprise zones eligible for special federal aid and tax credits See also editDairy Export Incentive Program Integrated Farm Management ProgramReferences edit Archived copy Archived from the original on 2011 02 04 Retrieved 2011 02 24 a href Template Cite web html title Template Cite web cite web a CS1 maint archived copy as title link Food Agriculture Conservation and Trade Act Amendments of 1991 Archived from the original on 2010 10 10 Retrieved 2011 02 24 nbsp This article incorporates public domain material from Jasper Womach Report for Congress Agriculture A Glossary of Terms Programs and Laws 2005 Edition PDF Congressional Research Service External links editFood Agriculture Conservation and Trade Act of 1990 PDF details as amended in the GPO Statute Compilations collection Retrieved from https en wikipedia org w index php title Food Agriculture Conservation and Trade Act of 1990 amp oldid 1109812537, wikipedia, wiki, book, books, library,
