Family Farm Empowerment Act of 1995

Summary: Family Farm Empowerment Act of 1995 - Amends the Agricultural Act of 1949 (Act) to provide nonrecourse marketing loans through 2002 for wheat, feed grains, rice, upland cotton, and oilseeds.  Requires repayment at the lower of the loan rate or the prevailing domestic market price.  Authorizes marketing loan deficiency payments for producers who forgo obtaining such loans. 
Provides for a total acreage base for such crops. 
Makes conforming amendments to certain price support programs. 
Eliminates acreage reduction programs for wheat, feed grains, cotton, and rice. 
Amends the Disaster Assistance Act to extend funding obligations for the cottonseed and sunflower oil export programs. 
Amends the Agricultural Adjustment Act of 1938 and the Act to suspend specified permanent price support provisions for wheat, feed grains (including silage), and oilseeds. 
Amends the Food Security Act of 1985 to replace the three-entity rule (consideration as separate entities for limitations purposes) with a direct attribution rule (based upon ownership percentage).

SECTION 1. SHORT TITLE; TABLE OF CONTENTS.

    (a) Short Title.--This Act may be cited as the ``Family Farm 
Empowerment Act of 1995''.
    (b) Table of Contents.--The table of contents of this Act is as 
follows:

Sec. 1. Short title; table of contents.
Sec. 2. Marketing loans for 1996 through 2002 crops of certain 
                            agricultural commodities.
Sec. 3. Total acreage base system.
Sec. 4. Conforming amendments to current price support programs for 
                            program crops.
Sec. 5. Elimination of acreage reduction programs.
Sec. 6. Extension of cottonseed oil and sunflower oil export programs.
Sec. 7. Suspension of permanent price support authority.
Sec. 8. Removal of three-entity rule; direct attribution.

SEC. 2. MARKETING LOANS FOR 1996 THROUGH 2002 CROPS OF CERTAIN 
              AGRICULTURAL COMMODITIES.

    Title I of the Agricultural Act of 1949 (7 U.S.C. 1441 et seq.) is 
amended by adding at the end the following:

``SEC. 116. MARKETING LOANS FOR 1996 THROUGH 2002 CROPS OF CERTAIN 
              AGRICULTURAL COMMODITIES.

    ``(a) Definitions.--For the purposes of this section:
            ``(1) Covered commodities.--The term `covered commodities' 
        means rice, upland cotton, feed grains, wheat, and oilseeds.
            ``(2) Feed grains.--The term `feed grains' means corn, 
        grain sorghums, barley, oats, and rye.
            ``(3) Oilseeds.--The term `oilseeds' means soybeans, 
        sunflower seeds, canola, rapeseed, safflower, flaxseed, mustard 
        seed, and such other oilseeds as the Secretary may designate.
    ``(b) Marketing Loans.--
            ``(1) Availability.--The Secretary shall make available to 
        eligible producers on a farm a nonrecourse marketing loan for 
        each of the 1996 through 2002 crops of covered commodities 
        produced on the farm. The term of the marketing loan shall be 
        15 months in length.
            ``(2) Eligible producers.--To be eligible for a loan under 
        this subsection, the producers on a farm may not plant covered 
        commodities on a farm in excess of the total acreage base of 
        the farm, as determined under section 503.
            ``(3) Loan rate.--Loans made under this subsection shall be 
        made at the rate of 115 percent of the simple average national 
        price received by producers of the covered commodity, as 
        determined by the Secretary, during the marketing years for the 
        immediately preceding 5 crops of the covered commodity, 
        excluding the year in which the average price was the highest 
        and the year in which the average price was the lowest in such 
        period.
    ``(c) Limitation on Total Value of Marketing Loans.--The combined 
annual value of loans made to a producer under subsection (b) may not 
exceed $175,000.
    ``(d) Repayment.--
            ``(1) Repayment rate.--Producers on a farm may repay loans 
        made under subsection (b) for a covered commodity at a level 
        that is the lesser of--
                    ``(A) the loan rate determined for the commodity; 
                or
                    ``(B) the prevailing domestic market price for the 
                commodity, as determined by the Secretary.
            ``(2) Prevailing domestic market price.--The Secretary 
        shall prescribe by regulation--
                    ``(A) a formula to determine the prevailing 
                domestic market price for each covered commodity, which 
                may include adjustments for differences in quality but 
                not for differences in location; and
                    ``(B) a mechanism by which the Secretary shall 
                announce periodically the prevailing domestic market 
                prices established under this subsection.
    ``(e) Adjustment Account.--
            ``(1) Establishment.--The Secretary shall establish an 
        Adjustment Account, which shall be used to make--
                    ``(A) payments to producers of the 1996 through 
                2002 crops of covered commodities who participate in 
                the marketing loan program established under subsection 
                (b); and
                    ``(B) payments to producers of the 1994 and 1995 
                crops of covered commodities that are authorized under 
                sections 101B, 103B, 105B, 107B, and 205, but not paid 
                before the date of the enactment of this section.
            ``(2) Amount in account.--The Secretary shall transfer into 
        the Adjustment Account from funds of the Commodity Credit 
        Corporation such sums as shall be necessary to implement this 
        section and make marketing loans available under subsection 
        (b).
            ``(3) Availability of funds.--Funds in the Adjustment 
        Account shall remain available until expended.
    ``(f) Advance Payment.--At the request of a producer who intends to 
obtain a marketing loan under subsection (b) for a crop of a covered 
commodity, the Secretary shall make available to the producer in 
advance of planting not more than 10 percent of the projected marketing 
loan for that crop year.
    ``(g) Marketing Loan Deficiency Payments.--
            ``(1) In general.--For each of the 1996 through 2002 crops 
        of covered commodities, the Secretary may make payments 
        available to producers who, although eligible to obtain a 
        marketing loan under subsection (b), agree to forego obtaining 
        the loan in return for payments under this subsection.
            ``(2) Computation.--A payment under this subsection shall 
        be computed by multiplying--
                    ``(A) the loan payment rate; by
                    ``(B) the quantity of the covered commodity which 
                the producer is eligible to place under loan but for 
                which the producer foregoes obtaining the loan in 
                return for payments under this subsection.
            ``(3) Loan payment rate.--For purposes of this subsection, 
        the loan payment rate shall be the amount by which--
                    ``(A) the loan rate for the commodity determined 
                under subsection (b); exceeds
                    ``(B) the repayment rate for the commodity 
                determined under subsection (d).''.

SEC. 3. TOTAL ACREAGE BASE SYSTEM.

    (a) Definitions.--Section 502 of the Agricultural Act of 1949 (7 
U.S.C. 1462) is amended by striking paragraph (3) and inserting the 
following new paragraphs:
            ``(3) Feed grains.--The term `feed grains' means corn, 
        grain sorghums, barley, oats, and rye.
            ``(4) Covered commodity.--The term `covered commodity' 
        means rice, upland cotton, feed grains, wheat, or oilseeds.''.
    (b) Crop Acreage Base.--Section 503 of such Act (7 U.S.C. 1463) is 
amended--
            (1) in subsection (a)--
                    (A) by striking paragraph (1) and inserting the 
                following new paragraph:
            ``(1) In general.--The Secretary shall provide for the 
        establishment and maintenance of a total crop acreage base for 
        covered commodities, including any covered commodity crop 
        produced under an established practice of double cropping''; 
        and
                    (B) in paragraph (2), by striking ``The sum of the 
                crop acreage bases'' and inserting ``The total crop 
                acreage base'';
            (2) by striking subsection (b) and inserting the following:
    ``(b) Calculation.--The total crop acreage base for a farm for a 
crop year shall be the number of acres that is equal to the average of 
the acreage planted and considered planted to one of the covered 
commodity crops for harvest on the farm in each of the 5 crop years 
preceding that crop year.'';
            (3) by striking subsection (g); and
            (4) in subsection (h)--
                    (A) by striking ``(1) In general.--''; and
                    (B) by striking paragraph (2).''.
    (c) Application of Title.--Section 509 of such Act (7 U.S.C. 1469) 
is amended by striking ``1991 through 1997 program crops'' and 
inserting ``1991 through 2002 crops of covered commodities''.

SEC. 4. CONFORMING AMENDMENTS TO CURRENT PRICE SUPPORT PROGRAMS FOR 
              PROGRAM CROPS.

    (a) Wheat 0/85 Program.--Section 107B(c)(1)(E) of the Agricultural 
Act of 1949 (7 U.S.C. 1445b-3a(c)(1)(E)) is amended by striking 
``through 1997'' in clauses (i) and (vii) each place it appears and 
inserting ``and 1995''.
    (b) Feed Grains 0/85 Program.--Section 105B(c)(1)(E) of such Act (7 
U.S.C. 1444f(c)(1)(E)) is amended by striking ``through 1997'' in 
clauses (i) and (vii) each place it appears and inserting ``and 1995''.
    (c) Cotton Program.--Section 103B of such Act (7 U.S.C. 1444-2) is 
amended--
            (1) in the section heading, by striking ``1997'' and 
        inserting ``1995'';
            (2) in subsections (a)(1), (b)(1), (c)(1)(A), 
        (c)(1)(B)(ii), and (o), by striking ``1997'' each place it 
        appears and inserting ``1995'';
            (3) in subsection (c)(1)(D)(i) and (c)(1)(D)(v)(II) by 
        striking ``through 1997'' each place it appears and inserting 
        ``and 1995'';
            (4) in the heading of subsection (c)(1)(D)(v)(II), by 
        striking ``through 1997 crops'' and inserting ``and 1995 
        crops'';
            (5) in subsection (e)(1)(D), by striking ``29\1/2\ percent 
        for each of the 1995 and 1996 crops, and 29 percent for the 
        1997 crop'' and inserting ``29\1/2\ percent for the 1995 
        crop''; and
            (6) in subparagraphs (B)(i), (D)(i), (E)(i), and (F)(i) of 
        subsection (a)(5), by striking ``1998'' each place it appears 
        and inserting ``1996''.
    (d) Rice 50/85 Program.--Section 101B of such Act (7 U.S.C. 1441-2) 
is amended--
            (1) in subsections (c)(1)(D)(i) and (c)(1)(D)(v)(II), by 
        striking ``through 1997'' each place it appears and inserting 
        ``and 1995''; and
            (2) in the heading of subsection (c)(1)(D)(v)(II), by 
        striking ``through 1997 crops'' and inserting ``and 1995 
        crops''.
    (e) Oilseeds.--Section 205(c) of such Act (7 U.S.C. 1446f(c)) is 
amended by striking ``through 1997'' both places it appears and 
inserting ``and 1995''.

SEC. 5. ELIMINATION OF ACREAGE REDUCTION PROGRAMS.

    (a) Wheat.--Section 107B of the Agricultural Act of 1949 (7 U.S.C. 
1445b-3a) is amended by striking subsection (e) and redesignating 
subsections (f) through (q) as subsections (e) through (p), 
respectively.
    (b) Feed Grains.--Section 105B of such Act (7 U.S.C. 1444f) is 
amended by striking subsection (e) and redesignating subsections (f) 
through (r) as subsections (e) through (q), respectively.
    (c) Cotton.--Section 103B of such Act (7 U.S.C. 1444-2) is amended 
by striking subsection (e) and redesignating subsections (f) through 
(o) as subsections (e) through (n), respectively.
    (d) Rice.--Section 101B of such Act (7 U.S.C. 1441-2) is amended by 
striking subsection (e) and redesignating subsections (f) through (n) 
as subsections (e) through (m), respectively.

SEC. 6. EXTENSION OF COTTONSEED OIL AND SUNFLOWER OIL EXPORT PROGRAMS.

    Section 301(b)(2)(A) of the Disaster Assistance Act of 1988 (7 
U.S.C. 1464 note) is amended by striking ``through 1995'' and inserting 
``through 2002''.

SEC. 7. SUSPENSION OF PERMANENT PRICE SUPPORT AUTHORITY.

    (a) Wheat.--
            (1) Nonapplicability of certificate requirements.--Sections 
        379d through 379j of the Agricultural Adjustment Act of 1938 (7 
        U.S.C. 1379d-1379j) shall not be applicable to wheat processors 
        or exporters during the period June 1, 1995, through May 31, 
        2003.
            (2) Suspension of land use, wheat marketing allocation, and 
        producer certificate provisions.--Sections 331 through 339, 
        379b, and 379c of the Agricultural Adjustment Act of 1938 (7 
        U.S.C. 1331 through 1339, 1379b, and 1379c) shall not be 
        applicable to the 1996 through 2002 crops of wheat.
            (3) Suspension of certain quota provisions.--The joint 
        resolution entitled ``A joint resolution relating to corn and 
        wheat marketing quotas under the Agricultural Adjustment Act of 
        1938, as amended'', approved May 26, 1941 (7 U.S.C. 1330 and 
        1340), shall not be applicable to the crops of wheat planted 
        for harvest in the calendar years 1996 through 2002.
            (4) Nonapplicability of section 107 of the agricultural act 
        of 1949.--Section 107 of the Agricultural Act of 1949 (7 U.S.C. 
        1445a) shall not be applicable to the 1996 through 2002 crops 
        of wheat.
    (b) Feed Grains.--
            (1) Nonapplicability of section 105 of the agricultural act 
        of 1949.--Section 105 of the Agricultural Act of 1949 (7 U.S.C. 
        1444b) shall not be applicable to the 1996 through 2002 crops 
        of feed grains.
            (2) Recourse loan program for silage.--Section 403 of the 
        Food Security Act of 1985 (7 U.S.C. 1444e-1) is amended by 
        striking ``1996'' and inserting ``2002''.
    (c) Oilseeds.--Section 201(a) of the Agricultural Act of 1949 (7 
U.S.C. 1446(a)) is amended by striking ``oilseeds'' and all that 
follows through ``determine),''.

SEC. 8. REMOVAL OF THREE-ENTITY RULE; DIRECT ATTRIBUTION.

    Section 1001A of the Food Security Act of 1985 (7 U.S.C. 1308-1) is 
amended by striking subsection (a) and inserting the following new 
subsection:
    ``(a) Direct Attribution.--In the case of payments specified in 
paragraphs (1) and (2) of section 1001, the Secretary shall attribute--
            ``(1) payments received by an individual directly to the 
        individual; and
            ``(2) payments received by an entity to individuals who own 
        the entity in proportion to the ownership interest of the 
        individual in the entity.''.