Sponsor
Clay Higgins
Representative · R-LA
Representative · R-LA
The bill gives USDA a temporary $15 billion increase in CCC borrowing capacity to support farmers and stabilize agricultural programs, but it raises potential costs and fiscal exposure for taxpayers and the federal budget.
Farmers and agricultural producers gain access to up to $15 billion more in Commodity Credit Corporation (CCC) borrowing capacity through Sept 30, 2031, increasing available credit and program funding for loans and commodity programs.
Farmers and rural communities experience greater ability for USDA to stabilize farm incomes and deploy emergency/support payments during market shocks or disasters because of the expanded CCC capacity.
Taxpayers face up to $15 billion more in potential government-backed borrowing and future obligations while the CCC cap is elevated, increasing the risk of higher federal liabilities.
The federal government (and thus taxpayers) could face expanded exposure to agricultural market risk and added budgetary pressures, which may complicate deficit management and crowd out other spending priorities.
Based on analysis of 2 sections of legislative text.
Temporarily raises the Commodity Credit Corporation's aggregate borrowing cap from $30B to $45B through Sept 30, 2031, then reverts to $30B.
Official title: To amend the Commodity Credit Corporation Charter Act with respect to funding and assistance under such Act.
Introduced July 20, 2026 by Clay Higgins · Last progress July 20, 2026
Temporarily raises the Commodity Credit Corporation's (CCC) total borrowing limit from $30 billion to $45 billion from enactment through September 30, 2031, to give the CCC more short-term lending capacity. The law restores the $30 billion aggregate limit on and after October 1, 2031.