RTCP Revitalization Act

Bill: 118-s-1676
Sponsor: full_name: Sen. Hirono, Mazie K. [D-HI]
Introduced: 2023-05-18
Policy area: Agriculture and Food
Subjects: Agricultural prices, subsidies, credit

Rural conditions and development

Transportation costs
Latest action: action_date: 2023-05-18
text: Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.

Summaries:
action_date: 2023-05-18
action_desc: Introduced in Senate
text: <p><b>RTCP Revitalization Act</b></p> <p> This bill amends the Department of Agriculture (USDA) Reimbursement Transportation Cost Payment Program (RTCP) to provide specified funds for the RTCP through FY2029 and each fiscal year thereafter. The RTCP provides reimbursement payments for geographically disadvantaged farmers and ranchers (e.g., those in Hawaii and Alaska) for a portion of the cost to transport agricultural commodities or inputs used to produce an agricultural commodity.</p> <p>The bill also removes a $15 million payment cap for any given fiscal year. Further, USDA may not impose a limitation on the amount of producer payments for any fiscal year that the program funds are equal to or exceed demand.</p>

tv_txt: II 118th CONGRESS 1st Session S. 1676 IN THE SENATE OF THE UNITED STATES May 18, 2023 Ms. Hirono (for herself, Mr. Sullivan , and Mr. Schatz ) introduced the following bill; which was read twice and referred to the Committee on Agriculture, Nutrition, and Forestry A BILL To amend the Food, Conservation, and Energy Act of 2008 to provide mandatory funding from the Commodity Credit Corporation for reimbursement payments to geographically disadvantaged farmers and ranchers, and for other purposes.

1. Short title This Act may be cited as the RTCP Revitalization Act . 2. Commodity Credit Corporation funding for geographically disadvantaged farmers and ranchers Section 1621 of the Food, Conservation, and Energy Act of 2008 ( 7 U.S.C. 8792 ) is amended— (1) in subsection (b), by striking Subject to the availability of funds under subsection (d), the Secretary and inserting The Secretary ; (2) in subsection (c)(3), by striking subparagraph (B) and inserting the following: (B) Payment limitations The Secretary may not impose a limitation on the amount of payments received by a geographically disadvantaged farmer or rancher under this section for any fiscal year in which the amount made available for payments under this section is equal to or greater than the amount that may be provided in accordance with this section with respect to applications received by the Secretary for that fiscal year. ; and (3) in subsection (d), by striking the subsection designation and heading and all that follows through There are and inserting the following: (d) Funding (1) Mandatory funding Of the funds of the Commodity Credit Corporation, the Secretary shall use to carry out this section— (A) $10,000,000 for fiscal year 2024; (B) $11,000,000 for fiscal year 2025; (C) $12,000,000 for fiscal year 2026; (D) $13,000,000 for fiscal year 2027; (E) $14,000,000 for fiscal year 2028; and (F) $15,000,000 for fiscal year 2029 and each fiscal year thereafter. (2) Authorization of appropriations There are .