House leaders have released the text for the new farm disaster relief bill to "make supplemental agricultural disaster assistance available for fiscal year 2012 with the costs of such assistance offset by changes to certain conservation programs, and for other purposes." The House is expected to vote on the stand-alone drought relief bill on Thursday before Members leave for the Congressional five-week recess. The substitute will restore livestock indemnity and forage programs that have expired, with some assistance also being provided for specialty crop producers. The disaster aid would be paid for by capping the Conservation Stewardship Program and Environmental Quality Incentives Program during Fiscal Year 2013.
For more background, see this earlier story on the development of this bill as a replacement to the earlier House GOP one-year farm bill extension bill proposal.
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