From the 2031 crop year each price rises by half a percent a year
To provide for reconciliation pursuant to title II of H. Con. Res. 14, section 10301, Sec. 10301.
Written by .
From the 2031 crop year each price rises by half a percent a year
The document says “shall”Who acts: Secretary of AgricultureHow: statuteSec. 10301 in the PDF
What the document says
“Effective beginning with the 2031 crop year, the reference prices defined in subparagraph (A) with respect to a covered commodity shall equal the reference price in the previous crop year multiplied by 1.005.”
The section provides that beginning with the 2031 crop year each listed reference price equals the reference price for the previous crop year multiplied by 1.005.
What the document actually says
“Effective beginning with the 2031 crop year, the reference prices defined in subparagraph (A) with respect to a covered commodity shall equal the reference price in the previous crop year multiplied by 1.005.”
That sentence, in plain words
From the 2031 crop year each price grows. It equals last year's price times 1.005.
What this is about
That works out to a rise of half a percent a year. The rise builds on the year before. It starts only in 2031.
No action is recorded against this proposal. That is not evidence that none has been taken, and nobody has yet read it against the record. See what the tracker does not yet cover.
Provide for reconciliation pursuant to title II of H. Con. Res. 14, Public Law 119-21, sec. 10301, 139 Stat. 86 (2025). https://www.govinfo.gov/content/pkg/PLAW-119publ21/html/PLAW-119publ21.htm
This page
“From the 2031 crop year each price rises by half a percent a year,” Provide for reconciliation pursuant to title II of H. Con. Res. 14, section 10301, Sec. 10301. Read the Mandate, https://readthemandate.org/pl-119-21/proposal/sec10301-escalation/ (retrieved October 10, 2026).
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