PlainBillCongress, translated.Legislation. Context. Public interest.

Farm Risk Management Act for the 21st Century

Read twice and referred to the Committee on Finance.

Official summary

Version 00 · Introduced in Senate · May 17, 2007

Farm Risk Management Act for the 21st Century - Directs the Secretary of Agriculture to contract with eligible operators and producers (risk management account contracts) to: (1) provide a reserve to assist in the stabilization of farm income during low-revenue years; (2) assist operators and producers to invest in value-added farms; and (3) recognize high levels of environmental stewardship.

Sets forth risk management account contract provisions, including: (1) administration; (2) direct payments; (3) stewardship payments; (4) account transfers; and (5) tax treatment.

Extends counter-cyclical payments.

Showing the opening paragraphs of the official summary.

Read full official summaryShow less

Amends the Farm Security and Rural Investment Act of 2002 to: (1) replace current national dairy market loss payment provisions with dairy payment provisions through FY2012; (2) revise and extend funding authority for the McGovern-Dole international food for education and child nutrition program; (3) extend funding for testing of biobased products for the federal biobased procurement program; (4) revise and extend the biorefinery development program; (5) revise and extend the rural renewable energy development program; and (6) replace current renewable and energy systems and energy improvements provisions with the rural energy for America program (funds through FY2014).

Establishes a recourse loan program for each loan commodity through crop year 2014.

Amends the Food Security Act of 1985 to extend: (1) the wetlands reserve program and increase maximum program acreage enrollment; (2) the environmental quality incentives program; (3) the conservation innovation grants program; and (4) the ground and surface water conservation program.

Increases grassland reserve program maximum acreage enrollment.

Extends authority to use Commodity Credit Corporation funds and facilities to carry out specified conservation-related programs.

Amends the Food Stamp Act of 1977 with respect to: (1) combat pay and retirement account exclusions; (2) standard deduction increases; (3) child care deduction limits; (4) state cost-sharing during natural disasters; (5) minimum benefits; (6) program reauthorization; (7) program administration; (8) cash payment pilot projects; (9) block grants for Puerto Rico and American Samoa; (10) the commodity distribution program; (11) outreach grants; (12) the emergency food assistance program; and (13) community food projects.

Establishes a community food assistance and food bank infrastructure grant program for eligible emergency feeding organizations.

Amends the Richard B. Russell National School Lunch Act to extend: (1) the fruit and vegetable program; and (2) the farm to school program.

Directs the Secretary of Transportation to offer to enter into a contract or grant agreement with a primary nongovernmental organization to establish the National Food for the Hungry Transportation Fund to track, collect, and deliver time-sensitive food products.

Extends: (1) the forest land enhancement program; (2) the healthy forests reserve program; (3) the biomass research and development program; (4) the federal crop insurance adjusted gross revenue insurance pilot program; (5) the farmers' market promotion program; and (6) the fruit and vegetable nutrition promotion program.

Read the summary on Congress.gov
PlainBill analysis is coming later. This page presents official source data. We have not yet published a PlainBill explanation for this bill.

Who introduced it

Sen. Lugar, Richard G. [R-IN] · R–IN

Committees

  • Finance Committee
0 cosponsorship records, including any withdrawals

    Actions

    A procedural vote is different from passage. Passage in one chamber does not establish enactment. Explore the glossary.

    1. Read twice and referred to the Committee on Finance.

    2. Sponsor introductory remarks on measure. (CR S6301-6302)

    3. Introduced in Senate

    Bill text & related measures

    Text links open the official source. We currently store references to these documents.

    Related bills identified by Congress.gov

    Source last updated: Aug 14, 2025. Consult Congress.gov for the current record.

    Explore the bill from different angles

    Choose a perspective, copy a prompt, and paste it into your preferred AI. Each prompt includes the bill version and available official source links, and asks for counterarguments as well as supporting evidence.

    Neutral evidence review

    Objective

    Analyze S.1422 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.

    View full prompt & sources
    Fairness and public impact

    Progressive lens

    Examine S.1422 through a progressive lens, focusing on fairness, access, economic inequality, and effects on vulnerable communities. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and distinguish stated goals from demonstrated outcomes.

    View full prompt & sources
    Institutions and government scope

    Conservative lens

    Examine S.1422 through a conservative lens, focusing on fiscal responsibility, institutional stability, federalism, and the scope of government. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and any provisions that challenge this perspective.

    View full prompt & sources
    Individual rights and government power

    Liberty lens

    Examine S.1422 through a civil-liberties and limited-government lens. Consider individual rights, privacy, voluntary choice, accountability, and government power. Explain tradeoffs, possible safeguards, and the strongest counterarguments without assuming the proposal is beneficial or harmful.

    View full prompt & sources