3:30 PM EDT

David Schweikert, R-AZ 6th

Mr. SCHWEIKERT. Mr. Chairman, I have an amendment at the desk.

The Acting CHAIR. The Clerk will designate the amendment.

The text of the amendment is as follows:

In subtitle C of title IV, strike section 4207.

The Acting CHAIR. Pursuant to House Resolution 271, the gentleman from Arizona (Mr. Schweikert) and a Member opposed each will control 5 minutes.

The Chair recognizes the gentleman from Arizona.

[Time: 20:10]

3:30 PM EDT

Chris Gibson, R-NY 19th

Mr. GIBSON. Mr. Chairman, I have an amendment at the desk.

The Acting CHAIR. The Clerk will designate the amendment.

The text of the amendment is as follows:

Strike section 10010.

The Acting CHAIR. Pursuant to House Resolution 271, the gentleman from New York (Mr. Gibson) and a Member opposed each will control 5 minutes.

The Chair recognizes the gentleman from New York.

3:30 PM EDT

Bob Gibbs, R-OH 7th

Mr. GIBBS. Mr. Chairman, I rise today to offer the Gibbs-Kind amendment to title I of the FARRM Bill that sets the target price for all crops at 55 percent of the 5-year rolling Olympic average and changes the acreage available for target price support to 85 percent of the farmer's base acres.

At this time, I reserve the balance of my time.

3:36 PM EDT

Bob Gibbs, R-OH 7th

Mr. GIBBS. I think it is very important that we do have a safety net. But the safety net can't be at a level where prices are set at or close or even above the cost of production. That distorts markets. But we need a safety net to protect our American farmers and our rural communities and continue to ensure that we have the safest and most affordable food supply in the world.

3:37 PM EDT

Bob Gibbs, R-OH 7th

Mr. GIBBS. Thank you, Mr. Chairman. With that commitment, I will respectfully withdraw my amendment from consideration, and I look forward to working with you and the rest of the committee, and I yield back the balance of my time.

3:37 PM EDT

Frank D. Lucas, R-OK 3rd

Mr. LUCAS. I appreciate the gentleman's time, and I yield back the balance of my time.

The Acting CHAIR. The amendment is withdrawn.

AMENDMENT NO. 55 OFFERED BY MS.

HERRERA BEUTLER

The Acting CHAIR. It is now in order to consider amendment No. 55 printed in part B of House Report 113-117.