Marketing assistance loans stay available through the 2031 crop year
What the document says“Section 1201(b)(1) of the Agricultural Act of 2014 (7 U.S.C. 9031(b)(1)) is amended by striking "2023" and inserting "2031".”
The section strikes 2023 and inserts 2031 in section 1201(b)(1) of the Agricultural Act of 2014 (7 U.S.C. 9031(b)(1)). That older provision is not indexed here, so this record states the change and stops.
What the document actually says“Section 1201(b)(1) of the Agricultural Act of 2014 (7 U.S.C. 9031(b)(1)) is amended by striking "2023" and inserting "2031".”
The year 2023 is taken out of an older farm law. The year 2031 is put in.
The change keeps a loan program going for eight more years. A marketing loan lets a farmer borrow against a stored crop. The older law is not indexed here.
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.