Farm Security and Rural Investment Act of 2002

Enacted 2002 · Expires 2007 · P.L. 107-171

$190B · lowest-third CBO · 39% of peak $489B

Year Enacted
2002
Expires
2007
Total Cost
$190B
Estimated
Titles
10
Legislative sections

Overview

Replaced Freedom to Farm with counter-cyclical payments.

2002 Farm Bill is a lower-CBO authorization in this table

Farm Security and Rural Investment Act of 2002 is in the lower third of scored CBO totals at $190B (39% of peak $489B), smaller than mid-pack peers above $288B.

This is an early-2000s authorization (enacted 2002, 5-year window) as P.L. 107-171 across 10 titles. Counter-cyclical and conservation titles from this era set formulas whose state payment outputs still appear on this portal's state pages.

Tracked provisions for this bill (Counter-cyclical payments, Conservation Security Program) are the policy levers behind those payment rows. Compare the other Farm Bills in the grid for how successive Congresses resized the same titles. Figures follow Congressional Research Service Farm Bill summaries and USDA Economic Research Service outlay tracking, not typed editorial estimates.

Key Provisions

Counter-cyclical payments, Conservation Security Program

2002 statutory facts (lower CBO band)

Key statutory facts for Farm Security and Rural Investment Act of 2002
Field Value
Public law P.L. 107-171
Year enacted 2002
Year expires 2007
Authorization window 5 years
CBO total cost (est.) $190B
Legislative titles 10
Key provisions tracked 1

Lower-band share of largest scored Farm Bill

$190B of $489B (largest scored) 39%

Questions on the 2002 low-band Farm Bill

What is the Farm Security and Rural Investment Act of 2002?

The Farm Security and Rural Investment Act of 2002 was enacted in 2002 as P.L. 107-171. Replaced Freedom to Farm with counter-cyclical payments.

Where does the 2002 Farm Bill sit on CBO cost in this table?

Estimated total cost is $190B, in the lower third of scored authorizations (39% of peak $489B).

Source: Congressional Research Service, USDA Economic Research Service