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Jul 01, 2025
After over 24 hours of amendment debate, the “One Big Beautiful Bill Act” passed the Senate by a vote of 51-50, with Vice President Vance breaking the tie. The budget legislation, which paves the way for much of President Trump’s domestic agenda, included several American Soybean Association priorities, specifically securing key farm program and tax provisions. The bill now moves back to the House for final consideration.
“ASA applauds the Senate for its support of agriculture and the farm economy in this legislation. Soybean growers have long championed comprehensive revisions to the 45Z Clean Fuel Production Credit, an improved safety net for agriculture, and increased support for research and market expansion,” said ASA President Caleb Ragland, a Kentucky soybean grower. “The modified biofuel tax credits, enhancements to crop insurance and support for MAP and FMD, among other agriculture provisions included in this legislation will support U.S. farmers and expand market opportunities domestically. ASA urges the House to maintain these key agricultural provisions that support our rural economies as they consider this legislation.”
The House is expected to consider the Senate changes to the budget reconciliation legislation this week. If the chamber approves the legislation it will head to the President’s desk for signature, with a goal of July 4.