Environmental Quality Incentives Program

(a) Definitions Section 1240A(6)(B)(v) of the Food Security Act of 1985 (16 U.S.C. 3839aa–1(6)(B)(v)) is amended by inserting (including the adoption of precision agriculture practices and the acquisition of precision agriculture technology) after planning. (b) Payments (1) Other payments Section 1240B(d)(6) of the Food Security Act of 1985 (16 U.S.C. 3839aa–2(d)(6)) is amended— (A) by striking A producer shall and inserting the following: (A) Payments under this subtitle A producer shall; and (B) by adding at the end the following: (B) Conservation loan and loan guarantee program payments (i) In general A producer receiving payments for practices on eligible land under the program may also receive a loan or loan guarantee under section 304 of the Consolidated Farm and Rural Development Act (7 U.S.C. 1924) to cover costs for the same practices on the same land. (ii) Notice to producers The Secretary shall inform a producer participating in the program, in writing, that the producer may apply to receive a loan or loan guarantee under section 304 of the Consolidated Farm and Rural Development Act (7 U.S.C. 1924) with respect to the costs of implementing practices under the program.. (2) Increased payments for State-determined high-priority practices Section 1240B(d)(7) of the Food Security Act of 1985 (16 U.S.C. 3839aa–2(d)(7)) is amended, in the paragraph heading, by inserting State-determined before high-priority. (3) Increased payments for precision agriculture Section 1240B(d) of the Food Security Act of 1985 (16 U.S.C. 3839aa–2(d)) is amended by adding at the end the following: (8) Increased payments for precision agriculture Notwithstanding paragraph (2), the Secretary may increase the amount that would otherwise be provided for a practice under this subsection to not more than 90 percent of the costs associated with adopting precision agriculture practices and acquiring precision agriculture technology for the purpose of implementing a conservation practice.. (c) Conservation incentive contracts Section 1240B(j)(2)(A)(i) of the Food Security Act of 1985 (16 U.S.C. 3839aa–2(j)(2)(A)(i)) is amended by inserting (which may include the adoption of precision agriculture practices and the acquisition of precision agriculture technology) after incentive practices.