House passes reauthorizations bill | TSLN.com

House passes reauthorizations bill

On Monday, the House passed H.R. 2051, a bill to reauthorize the Mandatory Price Reporting Act, the United States Grain Standards Act, and the National Forest Foundation Act.

The Senate has already passed the measure, which means that it will go to President Barack Obama for his signature.

The Mandatory Price Reporting Act and the Grain Standards Act authorities are set to expire on Wednesday.

"These bipartisan bills will provide certainty for farmers and ranchers and prevent devastating impacts on our nation's meat industries and grain exporters," House Agriculture Committee Chairman Michael Conaway, R-Texas, said in a news release.

"Furthermore, the reauthorization of the National Forest Foundation Act will provide funds to the foundation to assist in restoring and enhancing our national forests and grasslands. H.R. 2051 represents a bipartisan package and the collaborative work of the House and Senate Agriculture Committees, and I am proud to support this legislation," he added. "I urge the president to take immediate action and sign this bill into law."

House Agriculture Committee ranking member Collin Peterson, D-Minn., said in a floor speech that he also supported the bill. "Important livestock price reporting programs will be continued under the bill's Mandatory Price Reporting provisions. Producers rely on access to transparent, accurate and timely market information, and H.R. 2051 will provide that certainty.

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"The National Forest Foundation Act is the type of public-private collaboration we should all be able to support, giving private groups and stakeholders a chance to help in the stewardship and management of our national forests and grasslands. H.R. 2051 will ensure that this partnership can continue," he added.

"And, finally, the U.S. Grain Standards Reauthorization Act will allow the Federal Grain Inspection Service to continue official weighing and inspection services. Both grain buyers and sellers rely on a 'gold standard' quality assurance, backed by the federal government, when conducting business," Peterson concluded.

–The Hagstrom Report