With a vote of 369 to 47 today, the House approved the 2018 Farm Bill.
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As Congress prepares to reconcile the House and Senate versions of the farm bill, the American Bankers Association joined a broad coalition of financial, agricultural and other trade associations in a letter to congressional leaders urging them to finalize the bill ahead of the current farm bill’s expiration on Sept. 30.
By a bipartisan 86-11, the Senate today passed its version the 2018 farm bill.
So far, the 2018 House and Senate Farm Bills now pending in Congress would have a minor impact on the Farm Credit System, which is good news for bankers.
By a narrow vote of 213 to 211, the House today passed the 2018 farm bill, a crucial step toward ensuring the well-being of the nation’s farmers and ranchers and the 2,000 farm banks that serve them.
In a joint letter with the Independent Community Bankers of America yesterday, ABA wrote to leaders of the House and Senate Agriculture Committees thanking them for their efforts to craft the 2018 Farm Bill.
In a statement for the record in a Senate Agricultural Committee hearing on commodities, credit and crop insurance, ABA today called on lawmakers to reform the U.S. Department of Agriculture’s guaranteed farm loan programs in the 2018 Farm Bill.
At a Senate Agriculture Committee field hearing in Kansas today, ABA highlighted the critical role that the nation’s banks play providing credit to farmers and ranchers, and advocated for changes to the upcoming 2018 Farm Bill that would take into account the rising costs of agriculture.