H.R. 9781: Defend American Agriculture Act

This bill would temporarily raise the maximum amount of money the Commodity Credit Corporation (CCC) can have outstanding at one time.

What the CCC does

The CCC is a federal government entity used to help carry out agricultural programs, including payments and assistance to farmers when Congress authorizes them. Its borrowing limit affects how much support it can provide through those programs.

What changes the bill makes

• Under current law, the CCC’s total outstanding amount cannot exceed $30 billion.
• This bill would raise that cap to $45 billion from the date the bill is enacted through September 30, 2031.
• After September 30, 2031, the cap would return to $30 billion.

Practical effect

In plain terms, the bill would give the CCC more room to finance agricultural aid and related programs for several years. It does not itself create a specific new farm program or payment; instead, it expands the CCC’s financial capacity so it can support authorized agricultural assistance up to a higher limit.

Relevant Companies

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