Loan deficiency payments and recourse loans run through 2031
To provide for reconciliation pursuant to title II of H. Con. Res. 14, section 10309, Sec. 10309.
Written by .
Loan deficiency payments and recourse loans run through 2031
The document says “is amended”Who acts: Secretary of AgricultureHow: statuteSec. 10309 in the PDF
What the document says
“Section 1205(a)(2)(B) of the Agricultural Act of 2014 (7 U.S.C. 9035(a)(2)(B)) is amended by striking "2023" and inserting "2031".”
The section strikes 2023 and inserts 2031 in section 1205(a)(2)(B) of the Agricultural Act of 2014, in subsections (a) and (d) of section 1206 of that Act (7 U.S.C. 9036), and in subsections (a)(2), (b) and (c) of section 1209 of that Act (7 U.S.C. 9039).
What the document actually says
“Section 1205(a)(2)(B) of the Agricultural Act of 2014 (7 U.S.C. 9035(a)(2)(B)) is amended by striking "2023" and inserting "2031".”
That sentence, in plain words
The year 2023 is taken out of an older farm law. The year 2031 is put in.
What this is about
The same swap is made in two more older sections. One covers payments in place of loans. The other covers a different kind of loan.
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. 10309, 139 Stat. 93 (2025). https://www.govinfo.gov/content/pkg/PLAW-119publ21/html/PLAW-119publ21.htm
This page
“Loan deficiency payments and recourse loans run through 2031,” Provide for reconciliation pursuant to title II of H. Con. Res. 14, section 10309, Sec. 10309. Read the Mandate, https://readthemandate.org/pl-119-21/proposal/sec10309-deficiency-payments/ (retrieved October 10, 2026).
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