H.R. 7606 · 117TH CONGRESSIntroduced · Jun 21, 2022
Lower Food and Fuel Costs Act
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On June 16, 2022, the House of Representatives passed H.R. 7606, the Lower Food and Fuel Costs Act, with a vote of 221–204. The bill’s passage moved the legislation to the Senate for consideration as part of a broader effort to address rising consumer prices and supply chain disruptions. The bill is a package of several smaller measures aimed at reducing costs for farmers and consumers. Key provisions include: * Agricultural Competition: Establishing a special investigator within the USDA to monitor and prosecute anti-competitive practices in the meat and poultry industries. * Farm Inputs: Providing assistance to farmers to lower the cost of fertilizer and expanding access to precision agriculture technology. * Biofuels: Increasing the availability of E15 (gasoline blended with 15% ethanol) during the summer months to provide a lower-cost fuel option at the pump.