Bill Summary
The "Agriculture Export Promotion Act of 2025" is a bill that aims to amend the Agricultural Trade Act of 1978 in order to extend and expand the Market Access Program and the Foreign Market Development Cooperator Program. These programs have been successful in increasing the value of US agricultural exports and creating jobs and economic output. However, they have not received adequate funding and have not kept up with the increasing costs of inflation. This bill proposes to increase the funding for these programs and also encourage private sector contributions. This is expected to lead to a significant increase in agricultural exports and further economic growth.
Possible Impacts
1. Increased job opportunities: As stated in the bill, the export promotion programs have contributed to the creation of up to 225,800 full- and part-time jobs across the United States economy. This could potentially lead to more employment opportunities for people in the agricultural sector and related industries.
2. Boost in economic output: The bill also mentions that the export promotion programs have added up to $45,000,000,000 in gross economic output and $22,300,000,000 in gross domestic product. This could have a positive impact on the overall economy and potentially lead to increased income and improved living standards for people.
3. Competitive disadvantage: The bill highlights that the economic impact of the export promotion programs has eroded in recent years, placing United States producers at a competitive disadvantage in international markets. This could affect farmers and businesses in the agricultural sector who rely on exports for their revenue.
[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 1086 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 1086 To amend the Agricultural Trade Act of 1978 to extend and expand the Market Access Program and the Foreign Market Development Cooperator Program. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES February 6, 2025 Mr. Newhouse (for himself, Mr. Mann, Mr. Finstad, Mrs. Hinson, Mr. Panetta, Ms. Schrier, Mr. Costa, and Ms. Pingree) introduced the following bill; which was referred to the Committee on Agriculture _______________________________________________________________________ A BILL To amend the Agricultural Trade Act of 1978 to extend and expand the Market Access Program and the Foreign Market Development Cooperator Program. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Agriculture Export Promotion Act of 2025''. SEC. 2. FINDINGS. Congress finds that-- (1) between 1977 and 2019, the export promotion programs of the Department of Agriculture-- (A) have added an average of $9,600,000,000 annually to the value of United States agricultural exports, equal to a total of nearly $648,000,000,000, or 13.7 percent, in additional export revenue; and (B) have generated a net return of $24.50 for every dollar invested; (2) between 2002 and 2019, the export promotion programs of the Department of Agriculture-- (A) have contributed to the creation of up to 225,800 full- and part-time jobs across the United States economy; and (B) have added up to $45,000,000,000 in gross economic output and $22,300,000,000 in gross domestic product; (3) communities across the United States producing agricultural commodities as varied as apples, cotton, beef, soybeans, rice, wheat, dairy, corn, citrus, wine, pork, peanuts, cranberries, lentils, tree nuts, timber, poultry, potatoes, and seafood have utilized the export promotion programs of the Department of Agriculture to increase access to foreign markets; (4) private sector contributions have helped maintain the public-private partnership between the Department of Agriculture and private agricultural groups as available funds from the Department of Agriculture have declined, with private contributions representing approximately 70 to 77 percent of the funds available for export promotion from 2013 to 2019; (5) foreign competitors have expanded their agricultural export promotion programs at a far faster rate than the United States, placing United States producers at a competitive disadvantage in international markets; (6) the economic impact of the export promotion programs of the Department of Agriculture has eroded in recent years, as funding for the Market Access Program has remained static since 2006 and funding for the Foreign Market Development Cooperator Program has remained static since 2002, while inflation has increased; and (7) a recent academic analysis found that doubling public funding for the Market Access Program and the Foreign Market Development Cooperator Program, coupled with increasing private contributions ranging from 10 to 20 percent, would result in average annual gains in agricultural exports of approximately $7,400,000,000. SEC. 3. AGRICULTURAL TRADE PROMOTION AND FACILITATION. Section 203(f) of the Agricultural Trade Act of 1978 (7 U.S.C. 5623(f)) is amended-- (1) by striking ``2019 through 2023'' each place it appears and inserting ``2025 through 2029''; (2) in paragraph (2), by striking ``$255,000,000'' and inserting ``$489,500,000''; (3) in paragraph (3)(A)(i), by striking ``$200,000,000'' and inserting ``$400,000,000''; (4) in paragraph (3)(A)(ii), by striking ``$34,500,000'' and inserting ``$69,000,000''; and (5) in paragraph (4), by striking ``during the period in which that memorandum is in effect'' and inserting ``during the period in which the directives in such memorandum are in effect''. <all>