Conservation Reserve Program Reform Act of 2023
A BILL
To amend the Food Security Act of 1985 to extend and reform the conservation reserve program, and for other purposes.
Sec. 2 Conservation reserve
“(F) fiscal years 2024 through 2028, not more than 24,000,000 acres.”
“(I) fiscal year 2024, 4,000,000 acres;
“(II) fiscal year 2025, 6,000,000 acres; and
“(III) fiscal years 2025 through 2028, 8,000,000 acres.”
“(iii) the farmable wetland program under section 1231B; and
“(iv) the CLEAR 30 and soil health and income protection programs under subsections (a) and (b), respectively, of section 1231C.”
“(I) fiscal year 2024, 8,000,000 acres;
“(II) fiscal year 2025, 9,000,000 acres;
“(III) fiscal year 2026, 10,000,000 acres; and
“(IV) fiscal years 2027 and 2028, 11,000,000 acres.”
“(3) Land Enrolled After October 1, 2023—With respect to a contract under this subchapter that is entered into on or after October 1, 2023, that enrolls land under paragraph (2) or (6) of subsection (d), the term of the contract shall be not less than 15, and not more than 30, years.”
Sec. 3 Farmable wetland program
Sec. 4 CLEAR 30 and SHIPP
“(2) Establishment—The Secretary”
Sec. 5 Resource conserving use
Sec. 6 Payments
“(1) In general—The Secretary”
“(2) Allocation of payments for 30-year contracts—Of the total amount of the payments under a contract enrolled under this subchapter for a term of 30 years, the Secretary shall provide—
“(A) not later than the end of the first year of the contract, 5/30 of that total amount; and
“(B) with respect to each of the sixth through thirtieth years of the contract, 1/30 of that total amount.”
Sec. 7 Modification of rental rate
“(3) Modification of rental rate—With respect to a contract entered into under this subchapter for a term of 30 years pursuant to section 1231(e)(3)—
“(A) on or after the date that is 10 years after the date on which the contract is entered into, the owner or operator may submit to the Secretary a request for a modification of the rental rate under subparagraph (B); and
“(B) on receipt of a request under subparagraph (A), the Secretary shall—
“(i) recalculate the annual rental payment amount for the contract based on the applicable rental rate published from the most recent annual survey conducted under section 1234(d)(4)(A); and
“(ii) modify the contract by applying the amount recalculated under clause (i) to each year remaining in the term of the contract.”