
07/03/2025
Today, the U.S. House of Representatives voted to pass the final version of H.R. 1, the One Big Beautiful Bill Act, in a 218-214 vote. This follows the U.S. Senate passage of the legislation in a in a 51-50 vote Tuesday, with Vice President JD Vance casting the vote required to break the tie. The United States Peanut Federation (USPF) applauds the U.S. Senate and U.S. House of Representatives for working diligently to pass this legislation and send it to the President’s desk for final approval.
The U.S. House Agriculture Committee and U.S. Senate Agriculture Committee both prioritized many typical Farm Bill provisions to be included in this budget legislation package, additions which focused on investments in rural America. The final legislation included meaningful provisions for the peanut industry, including an increase in the reference price for the Price Loss Coverage (PLC) program, a voluntary base acres update, a marketing loan increase, and modified payment limitations that reflect increased costs of production.
USPF commends the efforts of Congressional agricultural leaders for working tirelessly to protect peanut industry provisions and ensure these meaningful policies were included in the final legislation.