Chairman Frank Lucas issued the following statement welcoming the news that the U.S. Department of Agriculture (USDA) will move forward with implementing the Actual Production History (APH) adjustment for 2015 spring-planted crops. This crop insurance provision in the Agricultural Act of 2014 allows yield adjustments when losses are widespread and beyond the control of producers.
H.R. 1256, the Swap Jurisdiction Certainty Act
To direct the Securities and Exchange Commission and the Commodity Futures Trading Commission to jointly adopt rules setting forth the application to cross-border swaps transactions of certain provisions relating to swaps that were enacted as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act.
Reps. Scott Garrett (R-NJ), Mike Conaway (R-TX), David Scott (D-CA), and John Carney (D-DE)
Introduced in the U.S. House of Representatives on March 19, 2013
Ordered reported by voice vote on March 20, 2013