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 Ala-
bama, 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. PALM-
ER, 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. 
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Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Farmer Assistance and 
Revenue Mitigation Act of 2024’’. 
SEC. 2. EMERGENCY ASSISTANCE PAYMENTS TO CERTAIN 
AGRICULTURAL PRODUCERS. 
(a) ECONOMIC ASSISTANCE PAYMENTS.— 
(1) IN GENERAL.—With respect to the 2024 
crop year, if the Secretary determines that the ex-
pected gross return per acre for an eligible com-
modity determined under paragraph (2) is less than 
the expected cost of production per acre for such eli-
gible commodity determined under paragraph (3), 
the Secretary shall, not later than 90 days after the 
date of the enactment of this section, make 1-time 
economic assistance payments to each producer of 
such commodity during such crop year. 
(2) EXPECTED
GROSS
RETURN
PER
ACRE.— 
The expected gross return per acre for an eligible 
commodity shall be— 
(A) in the case of corn, soybeans, wheat, 
cotton, rice, sorghum, oats, and barley, equal to 
the product obtained by multiplying— 
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(i) the projected average farm price 
for the 2024–2025 marketing year in the 
most recent World Agricultural Supply and 
Demand Estimates published by the World 
Agricultural Outlook Board; by 
(ii) the national average harvested 
yield per acre for the applicable eligible 
commodity for the most recent 10 years, as 
determined by the Secretary; and 
(B) in the case of each eligible commodity 
not specified in subparagraph (A), a com-
parable estimate of gross returns, as deter-
mined by the Secretary. 
(3) EXPECTED
COST
OF
PRODUCTION
PER 
ACRE.—The expected cost of production per acre for 
an eligible commodity shall be— 
(A) in the case of corn, soybeans, wheat, 
cotton, rice, sorghum, oats, and barley, the 
total costs listed for the 2024 crop year with re-
spect to such commodity in the most recent 
data product ‘‘Cost-of-production forecasts for 
major U.S. field crops’’ published by the Eco-
nomic Research Service of the Department of 
Agriculture; and 
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(B) in the case of each eligible commodity 
not specified in subparagraph (A), a com-
parable estimate of total production costs, as 
determined by the Secretary. 
(4) PAYMENT AMOUNT.— 
(A) IN GENERAL.—The amount of an eco-
nomic assistance payment to a producer for an 
eligible commodity under paragraph (1) shall be 
equal to 60 percent of the amount equal to— 
(i) the economic loss for the eligible 
commodity; multiplied by 
(ii) the eligible acres of such eligible 
commodity on the farm. 
(B) ECONOMIC
LOSS.—For purposes of 
paragraph (1), the economic loss for an eligible 
commodity shall be equal to— 
(i) the expected cost of production per 
acre for the eligible commodity, as deter-
mined under paragraph (3); minus 
(ii) the expected gross return per acre 
for the eligible commodity, as determined 
under paragraph (2). 
(C) ELIGIBLE
ACRES.—For purposes of 
paragraph (1), the eligible acres of an eligible 
commodity on a farm shall be equal to— 
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(i) the acreage planted on the farm to 
the eligible commodity for harvest, grazing, 
haying, silage, or other similar purposes 
for the 2024 crop year; plus 
(ii) the amount equal to 50 percent of 
the acreage on the farm that were pre-
vented from planting during the 2024 crop 
year to such eligible commodity because of 
drought, flood, or other natural disaster, or 
other condition beyond the control of the 
producers on the farm, as determined by 
the Secretary. 
(b) ADMINISTRATION.— 
(1) IN GENERAL.—Except as provided in para-
graph (2), sections 1001, 1001A, 1001B, 1001C, 
and 1001D of the Food Security Act of 1985 (7 
U.S.C. 1308; 1308–1; 1308–2; 1308–3; 1308–3a) 
shall apply with respect to assistance provided under 
this section. 
(2) EXCEPTION.—The total amount of pay-
ments received directly or indirectly by a person or 
legal entity (except a joint venture or general part-
nership) under this section may not exceed— 
(A) $175,000, if less than 75 percent of 
the average gross income of the person or legal 
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entity for the 2020, 2021, and 2022 tax years 
is 
derived 
from 
farming, 
ranching, 
or 
silviculture activities; and 
(B) $350,000, if equal to or greater than 
75 percent of the average gross income of the 
person or legal entity for the 2020, 2021, and 
2022 tax years is derived from farming, ranch-
ing, or silviculture activities. 
(c) FUNDING.— 
(1) IN GENERAL.—The Secretary shall use the 
funds, facilities, and authorities of the Commodity 
Credit Corporation in carrying out this section. 
(2) EMERGENCY DESIGNATION.—Each amount 
provided by this Act is designated by the Congress 
as being for an emergency requirement pursuant to 
section 251(b)(2)(A)(i) of the Balanced Budget and 
Emergency Deficit Control Act of 1985. 
(3) BUDGETARY EFFECTS.— 
(A) STATUTORY
PAYGO
SCORECARDS.— 
The budgetary effects of this Act shall not be 
entered on either PAYGO scorecard maintained 
pursuant to section 4(d) of the Statutory Pay- 
As-You-Go Act of 2010 (2 U.S.C. 933(d)). 
(B) SENATE
PAYGO
SCORECARDS.—The 
budgetary effects of this Act shall not be en-
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tered on any PAYGO scorecard maintained for 
purposes of section 4106 of H. Con. Res. 71 
(115th Congress). 
(d) DEFINITIONS.—In this section: 
(1) AGRICULTURAL ACT OF 2014 TERMS.—The 
terms ‘‘covered commodity’’, ‘‘extra long staple cot-
ton’’, ‘‘producer’’, and ‘‘seed cotton’’ have the mean-
ings given the terms, respectively, in section 1111 of 
the Agricultural Act of 2014 (7 U.S.C. 9011). 
(2) COTTON.—The term ‘‘cotton’’ includes 
extra long staple cotton and seed cotton. 
(3) DEFINITIONS OF LEGAL ENTITY AND PER-
SON.—The terms ‘‘legal entity’’ and ‘‘person’’ have 
the meaning given those terms in section 1001(a) of 
the Food Security Act of 1985 (7 U.S.C. 1308(a)). 
(4) ELIGIBLE COMMODITY.—The term ‘‘eligible 
commodity’’ means a covered commodity and cotton. 
(5) RICE.—The term ‘‘rice’’ includes medium 
grain and long grain rice. 
(6) SECRETARY.—The term ‘‘Secretary’’ means 
the Secretary of Agriculture. 
Æ 
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