Farm Bill Updates 2024. Farm cpa paul neiffer digs into the details of what the farm assistance and revenue mitigation act means for farmers, as well as how they can estimate their payments. The farm bill has once again expired, as a yearlong extension of the massive agricultural spending package ended on monday night without congressional action.
This is the second extension of the farm bill, which is renegotiated every five years. Top staff from the house and senate ag committees continue their private talks this week on a possible new farm bill, while lawmakers prepare to approve a stopgap spending.