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Farm Subsidy Transparency Act

12/30/2022, 5:47 PM

Summary of Bill HR 3794

Bill 117 HR 3794, also known as the Farm Subsidy Transparency Act, aims to increase transparency and accountability in the distribution of farm subsidies by the United States government. The bill requires the Department of Agriculture to create and maintain a publicly accessible online database that details all recipients of farm subsidies, including the amount of money received and the specific programs from which the subsidies were granted.

Additionally, the bill mandates that the Department of Agriculture regularly update this database to ensure that the information remains current and accurate. By providing this information to the public in a clear and accessible manner, the bill seeks to promote greater understanding of how farm subsidies are allocated and to hold recipients accountable for their use of taxpayer funds.

Overall, the Farm Subsidy Transparency Act aims to promote transparency and accountability in the distribution of farm subsidies, ultimately ensuring that taxpayer dollars are being used effectively and efficiently to support the agricultural industry.

Congressional Summary of HR 3794

Farm Subsidy Transparency Act

This bill requires the collection and disclosure of demographic and other information about recipients of agricultural benefits.

Specifically, the Department of Agriculture (USDA) must collect and make publicly available (1) the race and gender of individuals who directly or indirectly received or applied for certain benefits, such as grants or other funding under USDA's commodity, conservation, research, extension, and education programs; and (2) the farm or ranch acreage of the recipients of such benefits.

USDA must also collect and track the race and gender of individuals who register for the USDA service center information management system (a repository of participants in programs offered by USDA's Farm Service Agency, Natural Resource and Conservation Service, and rural development agencies).

Additionally, the Commodity Credit Corporation must collect and disclose (1) the race and gender of individuals who receive or apply for benefits from the corporation, and (2) the farm or ranch acreage of the recipients of such benefits.

The Federal Crop Insurance Corporation must collect and disclose (1) the name, race, gender, and farm or ranch acreage of individuals who receive federally subsidized insurance for crops, livestock, or forage; and (2) the premium subsidy amount for each recipient.

The bill also requires financial institutions to gather demographic information in response to loan applications for farms and ranches that are minority-owned or women-owned. (Currently, institutions must gather that information in response to loan applications from women-owned and minority-owned small businesses.)

Read the Full Bill

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Current Status of Bill HR 3794

Bill HR 3794 is currently in the status of Bill Introduced since June 8, 2021. Bill HR 3794 was introduced during Congress 117 and was introduced to the House on June 8, 2021.  Bill HR 3794's most recent activity was Referred to the Committee on Agriculture, and in addition to the Committee on Financial Services, 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. as of June 8, 2021

Bipartisan Support of Bill HR 3794

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 3794

Primary Policy Focus

Agriculture and Food

Potential Impact Areas

- Agricultural insurance
- Agricultural prices, subsidies, credit
- Congressional oversight
- Consumer credit
- Government information and archives
- Minority and disadvantaged businesses
- Small business
- Women in business

Alternate Title(s) of Bill HR 3794

Farm Subsidy Transparency Act
To direct the Secretary of Agriculture to track the distribution of all farm subsidies by race, gender, and size of the farm operation and to make such information about farm subsidies available to the public.
Farm Subsidy Transparency Act

Comments

Sponsors and Cosponsors of HR 3794

Bobby L. Rush
Bobby L. Rush
IllinoisDemocrat

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