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S. 3042

CONGRESSIONAL BUDGET OFFICE COST ESTIMATE June 21, 2018 S. 3042 Agriculture Improvement Act of 2018 As reported by the Senate Committee on Agriculture, Nutrition and Forestry on June 18, 2018 SUMMARY The Agriculture Improvement Act of 2018 would amend and extend some of the nation s major programs for income support, food and nutrition, land conservation, trade promotion, rural development, research, energy, forestry, horticulture, and other miscellaneous programs administered by the Department of Agriculture (USDA) for five years through 2023. CBO estimates that enacting S. 3042 would increase net direct spending by $ billion over the 2019-2023 period and reduce net direct spending by $ billion over the 2019-2028 period, relative to CBO s baseline projections.

CBO estimates that enacting S. 3042 would increase net direct spending by $1.4 billion over the 2019-2023 period and reduce net direct spending by $0.1 billion over the 2019-

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