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Farm Conservation Funding Overhaul: Lower Payment Caps for EQIP Program.

This law significantly modifies the Environmental Quality Incentives Program (EQIP), which provides financial aid for conservation practices on farms. The most critical change is reducing the maximum total payment a producer can receive from $450,000 to $150,000. Additionally, federal cost-share for specific structural projects, like dams or irrigation systems, is cut from 75% to 40% of the total cost.
Key points
The maximum total financial assistance available to farmers under the EQIP program is reduced from $450,000 to $150,000.
Federal funding for certain infrastructure projects (e.g., dams, waste facilities, access roads) is capped at 40% of costs, down from the standard 75%.
New annual reporting requirements mandate detailed disclosure of program spending categorized by state and the size of the farming operation.
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Additional Information
Print number: 118_HR_5252
Sponsor: Rep. Hayes, Jahana [D-CT-5]
Process start date: 2023-08-22