Committee Passes Commodity Futures Modernization Act of 2000 Today, the House Committee on Agriculture, led by Chairman Larry Combest (R-TX), passed by voice vote, legislation (H.R. 4541) sponsored by Rep. Tom Ewing (R-IL), which reauthorizes the Commodity Exchange Act (CEA) and modernizes laws for futures, futures options, and other derivatives including swaps. "While there are vast competing int... Read more »
Subcommittee Passes Commodity Futures Modernization Act of 2000 Today, House Agriculture Subcommittee on Risk Management, Research and Specialty Crops led by Chairman Tom Ewing (R-IL) passed by voice vote his legislation (H.R. 4541) which reauthorizes the Commodity Exchange Act (CEA) and modernizes laws for futures, futures options, and swaps. "This bill substantively addresses the most important ... Read more »
Committee Questions Secretary Glickman on use of USDA Export and Market Promotion Programs Today, Chairman Larry Combest (R-TX) convened the House Committee on Agriculture to receive testimony from Secretary of Agriculture Dan Glickman regarding various USDA export and market promotion programs and the extent to which they are used to assist U.S. farmers and ranchers. The hearing also provided a v... Read more »
New Crop Insurance Coverage Begins with Fall-Seeded Crops Signing "Agricultural Risk Protection Act" into law improves coverage, protects revenue With legislation signed into law on Tuesday, farmers and ranchers will be able to access vastly improved federal insurance on crops planted as early as the coming fall season. "The Agricultural Risk Protection Act" (H.R. 2559) provides producers the abil... Read more »
Members Urge Withdrawal of EPA TMDL Rules Lonoke, Arkansas — Chairman Bob Goodlatte (R-VA) of the Agriculture Subcommittee on Department Operations, Nutrition, and Forestry Chairman Bob Goodlatte (R-VA) convened a field hearing in Lonoke, Arkansas where a bipartisan group of House Members repeated their calls for the Environmental Protection Agency (EPA) to withdrawal its proposed rules for Total ... Read more »
Bipartisan Group Cites Silviculture Report as Proof of Flaws in EPA's TMDL Rules Today, a bipartisan group of House Members led by Agriculture Subcommittee on Department Operations, Nutrition, and Forestry Chairman Bob Goodlatte (R-VA) and Ranking Member Eva Clayton (D-NC) urged the Environmental Protection Agency (EPA) to withdraw its proposed Total Maximum Daily Load (TMDL) rules in light of egr... Read more »
Subcommittee Reviews Commodity Futures Modernization Act of 2000 Legislation is Designed to Maintain U.S. Leadership in Finance Today, House Agriculture Subcommittee on Risk Management, Research and Specialty Crops Chairman Tom Ewing (R-IL) convened a hearing to review his recently introduced legislation (H.R. 4541) which reauthorizes the Commodity Exchange Act (CEA) and modernizes laws for future... Read more »
Combest, Stenholm Urge EPA Administrator to Withdraw and Modify Proposed TMDL Rule Today, Chairman of the House Agriculture Committee Larry Combest (R-TX) and Ranking Member Charlie Stenholm (D-TX) sent a letter to Environmental Protection Agency (EPA) Administrator Carol Browner urging that the EPA reconsider its proposed Total Maximum Daily Load (TMDL) rules for agriculture in light of the Agenc... Read more »
House Votes to Keep Family Farms in the Family Death Tax Repeal Would Remove 60 Percent Penalty on Business Passed to Next Generation With 279 to 136 approval, the U.S. House of Representatives voted Friday afternoon to remove the high-cost tax liability imposed when the owner of a farm or ranch dies and leaves the operation to surviving family members. The penalty can run as high as 55 percent wi... Read more »
House Votes This Week on Killing the Death Tax Repeal of 60 percent Tax Penalty Would Keep Family Farms in the Family House Agriculture Committee Chairman Larry Combest (R-TX) said farming and ranching families would welcome the reduction of tax rates and repeal of the federal estate, gift, and generation-skipping transfer tax over the next 10 years. "The Death Tax Elimination Act" (H.R. 8) is sch... Read more »
