,i  #aae? ,,congress  #b;d ,session  ,h4
 ,r4 #dihh  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,febru>y #h1          
#bjah,mrs4 ,bu/os 7= h]self & ,mr4 ,bo/7
 introduc$ ! foll[+ bill2 :i* 0 ref]r$  
to ! ,committee on ,agriculture  ,a     
,,bill  ,to e/abli% nonrec\rse          
cons]vation assi/ance loans = loan      
commodities produc$ on c]ta9 f>ms1 & =  
o!r purposes4  #a4 ,%ort title ,?is ,act
 may be cit$ z ! ,cons]vation ,assi/ance
 ,loan ,act ( #bjah4  #b4 ,availability 
( nonrec\rse cons]vation assi/ance loans
 = loan commodities  7a7 ,nonrec\rse    
loans available  7#a7 ,9 g5]al ,= ea* ( 
! #bjah ?r\gh #bjbb crops ( ea* loan    
commodity1 ! ,secret>y %all make        
available to qualifi$ produc]s on a f>m 
nonrec\rse cons]vation assi/ance loans =
 loan commodities produc$ on ! f>m4     
7#b7 ,qualifi$ produc] ,9 ?is section1 !
 t]m qualifi$ produc] means a produc]   
eligible = a nonrec\rse m>ket+ loan "u  
section #abja ( ! ,agricultural ,act (  
#bjad 7#g ,u4,s4,c4 #ijca7 t agrees to n

 apply = su* loan = ea* ( ! #bjah ?r\gh 
#bjbb crops describ$ 9 p>agraph 7#a74   
7b7 ,eligible production ,! produc]s on 
a f>m %all be eligible = a cons]vation  
assi/ance loan "u subsection 7a7 = any  
quantity ( a loan commodity produc$ on !
 f>m4  7c7 ,loan rates = nonrec\rse     
cons]vation assi/ance loans  7#a7 ,9    
g5]al ,subject to p>agraph 7#b71 =      
purposes ( ea* ( ! #bjah ?r\gh #bjbb    
crop ye>s1 ! loan rate = a cons]vation  
assi/ance loan "u ?is section = a loan  
commodity %all be--  7,a7 = beg9n+ f>m]s
 & ran*]s 7z det]m9$ by ! ,secret>y71   
#ge p]c5t ( ! national av]age price     
receiv$ by produc]s dur+ ! #ab-mon?     
m>ket+ ye> = ! loan commodity = ! mo/   
rec5t #e crop ye>s1 exclud+--  7i7 !    
crop ye> ) ! highe/ price2 &  7ii7 !    
crop ye> ) ! l[e/ price2 &  7,b7 =      
produc]s n describ$ 9 p>agraph 7#a71 #fj
 p]c5t ( ! national av]age price receiv$
 by produc]s dur+ ! #ab-mon? m>ket+ ye> 
= ! loan commodity = ! mo/ rec5t #e crop
 ye>s1 exclud+--  7i7 ! crop ye> ) !    

highe/ price2 &  7ii7 ! crop ye> ) !    
l[e/ price4  7#b7 ,special rule = cov]  
crops ,9 ! case ( a produc] :o agrees to
 plant a cov] crop on acres associat$ ) 
! loan commodity1 ! applicable loan rate
 "u p>agraph 7#a7 %all be increas$ by an
 am\nt equal to #j4bj p] bu%el4  7d7    
,t]ms ( loans  7#a7 ,9 g5]al ,9 ! case (
 ea* loan commodity1 a cons]vation loan 
"u ?is section %all h a t]m ( #i mon?s  
beg9n+ on ! fir/ day ( ! fir/ mon? aft] 
! mon? 9 :i* ! loan is made4  7#b7      
,ext5sions prohibit$ ,! ,secret>y may n 
ext5d ! t]m ( a cons]vation assi/ance   
loan = any loan commodity4  7e7         
,repaym5t ( loans  7#a7 ,9 g5]al ,!     
,secret>y %all p]mit ! produc]s on a f>m
 to repay a cons]vation assi/ance loan  
"u ?is section = a loan commodity at a  
rate t is ! less] ( ! foll[+3  7,a7 ,!  
loan rate e/abli%$ "u subsection 7c74   
7,b7 ,a rate t is equal to ! expect$    
m>ket price = ! loan commodity z        
calculat$ = crop insurance1 z det]m9$ by
 ! ,secret>y4  7,c7 ,su* o!r rate !     

,secret>y det]m9es w avoid or m9imize   
pot5tial loan =feitures4  7#b7          
,adju/m5ts ,! ,secret>y %all make all   
adju/m5ts t ! ,secret>y det]m9es        
necess>y to--  7,a7 avoid =feiture or ! 
accumulation ( /ocks ( ! commodities    
plac$ "u a loan "u ?is section2  7,b7   
m9imize ! co/s incurr$ by ! ,f$]al      
,gov]nm5t2  7,c7 all[ ! commodity       
produc$ to be m>ket$ freely &           
competitively1 bo? dome/ically &        
int]nationally2  7,d7 m9imize           
discrepancies 9 cons]vation loan b5efits
 across ,/ate b\nd>ies & across c\ntry  
b\nd>ies2 &  7,e7 9 ! case ( a produc]  
:o is prev5t$ f plant+ a comm]cial crop 
due to wea!r or o!r natural ev5ts t     
int]f]$ ) cov] crop det]m9$ 7z det]m9$  
by ! ,secret>y71 ! ,secret>y may =give !
 portion ( ! loan calculat$ "u          
subsection 7c77#b74  7f7 ,compliance    
requirem5ts ,z a condition ( ! receipt (
 a cons]vation assi/ance loan "u ?is    
section1 ! produc] %all dur+ ! crop ye> 
( ! loan--  7#a7 comply ) applicable    

cons]vation requirem5ts "u subtitle ,b (
 title ,,xii ( ! ,food ,security ,act ( 
#aihe 7#af ,u4,s4,c4 #chaa et seq47 &   
applicable wetl& protection requirem5ts 
"u subtitle ,c ( title ,,xii ( t ,act   
7#af ,u4,s4,c4 #chba et seq472  7#b7    
agree to use a r$uc$ tillage me?od &    
nutri5t managem5t practices 7z det]m9$  
by ! ,secret>y to be appropriate = soil 
heal? managem5t7 = ! acres associat$ ) !
 commodity cov]$ by ! loan2 &  7#c7 9 ! 
case ( a loan calculat$ "u subsection   
7c77#b71 agree to plant a cov] crop on !
 acres associat$ ) ! loan commodity1 z  
det]m9$ by ! ,secret>y to be            
appropriate4  7g7 ,f>m ,s]vice ,ag5cy   
report ,! ,adm9i/rator ( ! ,f>m ,s]vice 
,ag5cy %all submit an annual report to !
 ,secret>y t includes ! in=mation )     
respect to ! compliance requirem5ts     
specifi$ 9 p>agraphs 7#a7 & 7#b7 (      
subsection 7f7 relat+ to ea* cons]vation
 assi/ance loan "u ?is section t 0 fully
 repaid 9 ! prec$+ fiscal ye>4