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Full Text of this Amendment
SA 3682. Mrs. FEINSTEIN (for herself and Mrs. Boxer) submitted an amendment intended to be proposed to amendment SA 3500 proposed by Mr. Harkin (for himself, Mr. Chambliss, Mr. Baucus, and Mr. Grassley) to the bill H.R. 2419, to provide for the continuation of agricultural programs through fiscal year 2012, and for other purposes; which was ordered to lie on the table; as follows:
In section 1704, strike subsection (c) and insert the following:
(c) Modification of Limitation.--Section 1001D of the Food Security Act of 1985 (7 U.S.C. 1308-3a) is amended by striking subsection (b) and inserting the following:
``(b) Limitation.--
``(1) IN GENERAL.--Notwithstanding any other provision of law, an individual or entity shall not be eligible to receive any benefit described in paragraph (2) during any of the 2009 and subsequent crop years if the average adjusted gross income of the individual or entity exceeds $500,000.
``(2) COVERED BENEFITS.--Paragraph (1) applies with respect to the following:
``(A) A direct payment or counter-cyclical payment under part I or III of subtitle A of title I of the Food and Energy Security Act of 2007.
``(B) A marketing loan gain or loan deficiency payment under part II or III of subtitle A of title I of the Food and Energy Security Act of 2007.
``(C) An average crop revenue payment under subtitle B of title I of Food and Energy Security Act of 2007.''.
In section 1704, add at the end the following:
(e) Savings.--The Secretary shall ensure, to the maximum extent practicable, that any savings resulting from the amendment made by subsection (c) are used in the State in which the savings were realized to provide additional funding in that State for, as determined by the Secretary--
(1) the environmental quality incentives program established under chapter 4 of subtitle D of title XII of the Food Security Act of 1985 (16 U.S.C. 3839aa et seq.); or
(2) the grassland reserve program established under subchapter C of chapter 2 of subtitle D of title XII of the Food Security Act of 1985 (16 U.S.C. 3838n et seq.).
(As printed in the Congressional Record for the Senate on Nov 15, 2007.)
In section 1704, strike subsection (c) and insert the following:
(c) Modification of Limitation.--Section 1001D of the Food Security Act of 1985 (7 U.S.C. 1308-3a) is amended by striking subsection (b) and inserting the following:
``(b) Limitation.--
``(1) IN GENERAL.--Notwithstanding any other provision of law, an individual or entity shall not be eligible to receive any benefit described in paragraph (2) during any of the 2009 and subsequent crop years if the average adjusted gross income of the individual or entity exceeds $500,000.
``(2) COVERED BENEFITS.--Paragraph (1) applies with respect to the following:
``(A) A direct payment or counter-cyclical payment under part I or III of subtitle A of title I of the Food and Energy Security Act of 2007.
``(B) A marketing loan gain or loan deficiency payment under part II or III of subtitle A of title I of the Food and Energy Security Act of 2007.
``(C) An average crop revenue payment under subtitle B of title I of Food and Energy Security Act of 2007.''.
In section 1704, add at the end the following:
(e) Savings.--The Secretary shall ensure, to the maximum extent practicable, that any savings resulting from the amendment made by subsection (c) are used in the State in which the savings were realized to provide additional funding in that State for, as determined by the Secretary--
(1) the environmental quality incentives program established under chapter 4 of subtitle D of title XII of the Food Security Act of 1985 (16 U.S.C. 3839aa et seq.); or
(2) the grassland reserve program established under subchapter C of chapter 2 of subtitle D of title XII of the Food Security Act of 1985 (16 U.S.C. 3838n et seq.).
(As printed in the Congressional Record for the Senate on Nov 15, 2007.)
