Legislative Action News, May 8, 2012

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ASFMRA Joins Letter Urging Senate Farm Bill Consideration
By Stephen Frerichs

The American Society of Farm Managers and Rural Appraisers joined over 100 national organizations calling on the Senate to consider the Senate Agriculture Committee passed farm bill as soon as possible.  View the letter here.

House Bill would Prohibit Expansion of Clean Water Guidance
By Stephen Frerichs

The House Energy and Water appropriations bill for Fiscal Year 2013 would prohibit funding for the U.S. Army Corps of Engineers to develop or implement new guidance to expand the scope of federal jurisdiction under the Clean Water Act.  House Agriculture Committee Chairman Lucas (R-OK) issued the following statement:

“The new authorities granted in this guidance would allow the EPA and the Corps of Engineers the authority to regulate almost any body of water in the U.S.,” said Agriculture Committee Chairman Frank Lucas (R-OK).  “That means farm ponds, stock tanks, and seasonal runoff ditches could conceivably be included under new regulations.  The economic impact on farmers, ranchers, and rural communities would be devastating.  This legislation allows us to restore and protect our natural resources by working together and balancing state and federal authority.” 

A major sportsman’s groups issued a statement against the House action:

http://www.tu.org/press_releases/2012/house-rider-on-clean-water-act-guidance-puts-americas-waters-at-risk

House Agriculture Committee Continues Farm Bill Hearings
By Stephen Frerichs

The House Agriculture Committee continues to hold a series of subcommittee hearings in Washington leading up to its mark-up of a farm bill.  The hearings are scheduled to continue through the week of May 14 culminating with hearings on the commodity title.  This week includes hearings on the credit title, the nutrition title and the specialty crop title.  You can watch the hearings on-line or read written testimony for the hearings that have already been held.  Go to http://agriculture.house.gov/hearings/default.aspx?CID=28&GID=21 for more information.  At this point, the House Agriculture Committee is likely to begin its formal farm bill consideration sometime after the Memorial Day recess.

Here is What to Look for in the Next Farm Bill
Kiplinger Agriculture Letter

Here is what to look for in the next farm bill:

  • A Small Haircut for Nutrition Programs
  • A New Dairy Program
  • A Research Tilt to Organic Veggies
  • Streamlined Conservation Programs
  • Significant Spending in Green Energy R&D
  • Federal crop Assistance is also sure to be cut back

When the smoke clears, ag spending will be sliced by at least $25 billion.
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GSE’s Update Uniform Appraisal Dataset (UAD)
From Appraisal Scoop.com

Since the implementation of the Uniform Appraisal Dataset (UAD) in September 2011, Fannie Mae and Freddie Mac (the GSEs) have been monitoring the use of the UAD and working with lenders and appraisers to support the successful adoption of the new appraisal dataset. Read more:

http://appraisalnewsonline.typepad.com/appraisal_news_for_real_e/2012/04/gses-update-uniform-appraisal-dataset-uad.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+typepad%2Fbjdavis%2Fappraisal_news_for_real_e+%28Appraisal+Scoop%29

 

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