Conservation Reserve Program Reform: Longer contracts and higher payments for farmers
This act extends the federal Conservation Reserve Program (CRP) until 2028 and significantly reforms its structure. It introduces the option for very long contracts (up to 30 years) for agricultural land dedicated to environmental purposes, offering greater stability to landowners. Furthermore, it increases the federal cost-share for implementing conservation practices from 50% to 75%, providing a direct financial benefit to participating landowners.
Key points
The Conservation Reserve Program (CRP) is extended until 2028, ensuring continued support for environmental efforts on agricultural land.
New long-term contracts lasting 15 to 30 years are introduced for land enrolled after October 1, 2023, promoting permanent resource protection.
The acreage cap for continuous enrollment in the program increases significantly from 2 million to 8 million acres, opening the program to more landowners.
Federal cost-share payments for implementing conservation practices (e.g., planting trees) increase from 50% to 75%.
Landowners with 30-year contracts can request a recalculation of the rental rate after 10 years to align payments with current market prices.
Expired
Additional Information
Print number: 118_S_1509
Sponsor: Sen. Booker, Cory A. [D-NJ]
Process start date: 2023-05-10