I 

118TH CONGRESS 

2D SESSION H. R. 10045 

To direct the Secretary of Agriculture to make emergency assistance payments 

to agricultural producers to mitigate high input costs and low commodity 

prices during crop year 2024. 

IN THE HOUSE OF REPRESENTATIVES 

OCTOBER 25, 2024 

Mr. KELLY of Mississippi (for himself, Mr. BISHOP of Georgia, Ms. LETLOW, 

Mr. ALLEN, Mr. GUEST, Mr. ROGERS of Alabama, Mr. MOORE of Alabama, Mr. AUSTIN SCOTT of Georgia, Mr. BACON, Mr. CRAWFORD, Mr. 

CARL, Mr. ROSE, Mr. VICENTE GONZALEZ of Texas, Mr. MURPHY, Mr. 

ELLZEY, Mr. NEHLS, Mr. STRONG, Mr. FINSTAD, Mr. ROUZER, Mr. 

ADERHOLT, Mr. FLEISCHMANN, Mrs. FISCHBACH, Mr. EZELL, Mr. 

BALDERSON, Mr. TONY GONZALES of Texas, Mr. CUELLAR, Mr. 

MCCAUL, Ms. DE LA CRUZ, Mr. HIGGINS of Louisiana, Mr. COLLINS, 

Mr. FALLON, Mr. SESSIONS, Mr. JACKSON of Texas, Mr. KUSTOFF, Mr. 

FEENSTRA, Mr. CARTER of Texas, Mr. LUCAS, Mr. PFLUGER, Mr. PALMER, Mr. CISCOMANI, Mr. CARTER of Georgia, Mr. BABIN, Mr. BAIRD, Mr. 

WEBER of Texas, Mr. GOODEN of Texas, Ms. GREENE of Georgia, Mr. 

VEASEY, Mr. MORAN, and Mr. RULLI) introduced the following bill; 

which was referred to the Committee on Agriculture, and in addition to 

the Committee on the Budget, for a period to be subsequently determined 

by the Speaker, in each case for consideration of such provisions as fall 

within the jurisdiction of the committee concerned 

A BILL 

To direct the Secretary of Agriculture to make emergency 

assistance payments to agricultural producers to mitigate 

high input costs and low commodity prices during crop 

year 2024. 


ssavage on LAPJG3WLY3PROD with BILLS
2 

•HR 10045 IH

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. SHORT TITLE. 

4 This Act may be cited as the ‘‘Farmer Assistance and 

5 Revenue Mitigation Act of 2024’’. 

6 SEC. 2. EMERGENCY ASSISTANCE PAYMENTS TO CERTAIN 

7 AGRICULTURAL PRODUCERS. 

8 (a) ECONOMIC ASSISTANCE PAYMENTS.— 

9 (1) IN GENERAL.—With respect to the 2024 

10 crop year, if the Secretary determines that the ex11 pected gross return per acre for an eligible com12 modity determined under paragraph (2) is less than 

13 the expected cost of production per acre for such eli14 gible commodity determined under paragraph (3), 

15 the Secretary shall, not later than 90 days after the 

16 date of the enactment of this section, make 1-time 

17 economic assistance payments to each producer of 

18 such commodity during such crop year. 

19 (2) EXPECTED GROSS RETURN PER ACRE.— 

20 The expected gross return per acre for an eligible 

21 commodity shall be— 

22 (A) in the case of corn, soybeans, wheat, 

23 cotton, rice, sorghum, oats, and barley, equal to 

24 the product obtained by multiplying— 


ssavage on LAPJG3WLY3PROD with BILLS
3 

•HR 10045 IH

1 (i) the projected average farm price 

2 for the 2024–2025 marketing year in the 

3 most recent World Agricultural Supply and 

4 Demand Estimates published by the World 

5 Agricultural Outlook Board; by 

6 (ii) the national average harvested 

7 yield per acre for the applicable eligible 

8 commodity for the most recent 10 years, as 

9 determined by the Secretary; and 

10 (B) in the case of each eligible commodity 

11 not specified in subparagraph (A), a com12 parable estimate of gross returns, as deter13 mined by the Secretary. 

14 (3) EXPECTED COST OF PRODUCTION PER

15 ACRE.—The expected cost of production per acre for 

16 an eligible commodity shall be— 

17 (A) in the case of corn, soybeans, wheat, 

18 cotton, rice, sorghum, oats, and barley, the 

19 total costs listed for the 2024 crop year with re20 spect to such commodity in the most recent 

21 data product ‘‘Cost-of-production forecasts for 

22 major U.S. field crops’’ published by the Eco23 nomic Research Service of the Department of 

24 Agriculture; and 


ssavage on LAPJG3WLY3PROD with BILLS
4 

•HR 10045 IH

1 (B) in the case of each eligible commodity 

2 not specified in subparagraph (A), a com3 parable estimate of total production costs, as 

4 determined by the Secretary. 

5 (4) PAYMENT AMOUNT.— 

6 (A) IN GENERAL.—The amount of an eco7 nomic assistance payment to a producer for an 

8 eligible commodity under paragraph (1) shall be 

9 equal to 60 percent of the amount equal to— 

10 (i) the economic loss for the eligible 

11 commodity; multiplied by 

12 (ii) the eligible acres of such eligible 

13 commodity on the farm. 

14 (B) ECONOMIC LOSS.—For purposes of 

15 paragraph (1), the economic loss for an eligible 

16 commodity shall be equal to— 

17 (i) the expected cost of production per 

18 acre for the eligible commodity, as deter19 mined under paragraph (3); minus 

20 (ii) the expected gross return per acre 

21 for the eligible commodity, as determined 

22 under paragraph (2). 

23 (C) ELIGIBLE ACRES.—For purposes of 

24 paragraph (1), the eligible acres of an eligible 

25 commodity on a farm shall be equal to— 


ssavage on LAPJG3WLY3PROD with BILLS
5 

•HR 10045 IH

1 (i) the acreage planted on the farm to 

2 the eligible commodity for harvest, grazing, 

3 haying, silage, or other similar purposes 

4 for the 2024 crop year; plus 

5 (ii) the amount equal to 50 percent of 

6 the acreage on the farm that were pre7 vented from planting during the 2024 crop 

8 year to such eligible commodity because of 

9 drought, flood, or other natural disaster, or 

10 other condition beyond the control of the 

11 producers on the farm, as determined by 

12 the Secretary. 

13 (b) ADMINISTRATION.— 

14 (1) IN GENERAL.—Except as provided in para15 graph (2), sections 1001, 1001A, 1001B, 1001C, 

16 and 1001D of the Food Security Act of 1985 (7 

17 U.S.C. 1308; 1308–1; 1308–2; 1308–3; 1308–3a) 

18 shall apply with respect to assistance provided under 

19 this section. 

20 (2) EXCEPTION.—The total amount of pay21 ments received directly or indirectly by a person or 

22 legal entity (except a joint venture or general part23 nership) under this section may not exceed— 

24 (A) $175,000, if less than 75 percent of 

25 the average gross income of the person or legal 


ssavage on LAPJG3WLY3PROD with BILLS
6 

•HR 10045 IH

1 entity for the 2020, 2021, and 2022 tax years 

2 is derived from farming, ranching, or 

3 silviculture activities; and 

4 (B) $350,000, if equal to or greater than 

5 75 percent of the average gross income of the 

6 person or legal entity for the 2020, 2021, and 

7 2022 tax years is derived from farming, ranch8 ing, or silviculture activities. 

9 (c) FUNDING.— 

10 (1) IN GENERAL.—The Secretary shall use the 

11 funds, facilities, and authorities of the Commodity 

12 Credit Corporation in carrying out this section. 

13 (2) EMERGENCY DESIGNATION.—Each amount 

14 provided by this Act is designated by the Congress 

15 as being for an emergency requirement pursuant to 

16 section 251(b)(2)(A)(i) of the Balanced Budget and 

17 Emergency Deficit Control Act of 1985. 

18 (3) BUDGETARY EFFECTS.— 

19 (A) STATUTORY PAYGO SCORECARDS.— 

20 The budgetary effects of this Act shall not be 

21 entered on either PAYGO scorecard maintained 

22 pursuant to section 4(d) of the Statutory Pay23 As-You-Go Act of 2010 (2 U.S.C. 933(d)). 

24 (B) SENATE PAYGO SCORECARDS.—The 

25 budgetary effects of this Act shall not be enVerDate Sep 11 2014 23:45 Oct 28, 2024 Jkt 059200 PO 00000 Frm 00006 Fmt 6652 Sfmt 6201 E:\BILLS\H10045.IH H10045

ssavage on LAPJG3WLY3PROD with BILLS
7 

•HR 10045 IH

1 tered on any PAYGO scorecard maintained for 

2 purposes of section 4106 of H. Con. Res. 71 

3 (115th Congress). 

4 (d) DEFINITIONS.—In this section: 

5 (1) AGRICULTURAL ACT OF 2014 TERMS.—The 

6 terms ‘‘covered commodity’’, ‘‘extra long staple cot7 ton’’, ‘‘producer’’, and ‘‘seed cotton’’ have the mean8 ings given the terms, respectively, in section 1111 of 

9 the Agricultural Act of 2014 (7 U.S.C. 9011). 

10 (2) COTTON.—The term ‘‘cotton’’ includes 

11 extra long staple cotton and seed cotton. 

12 (3) DEFINITIONS OF LEGAL ENTITY AND PER13 SON.—The terms ‘‘legal entity’’ and ‘‘person’’ have 

14 the meaning given those terms in section 1001(a) of 

15 the Food Security Act of 1985 (7 U.S.C. 1308(a)). 

16 (4) ELIGIBLE COMMODITY.—The term ‘‘eligible 

17 commodity’’ means a covered commodity and cotton. 

18 (5) RICE.—The term ‘‘rice’’ includes medium 

19 grain and long grain rice. 

20 (6) SECRETARY.—The term ‘‘Secretary’’ means 

21 the Secretary of Agriculture. 

Æ 


ssavage on LAPJG3WLY3PROD with BILLS