Foxx Reintroduces Bill to Overhaul Sugar Program
Representative Virginia Foxx (R-NC) has reintroduced the Fair Sugar Policy Act of 2021 in the U.S. House to reform the federal sugar support program. Senators Pat Toomey (R-PA) and Jeanne Shaheen (D-NH) introduced the bill in the Senate.
The lawmakers say the federal sugar support program currently costs consumers and businesses as much as $4 billion per year. The legislation would lift restrictions on the domestic supply of refined sugar and reduce taxpayer liability for sugar processor loan forfeitures and ensure that the impact on consumers, manufacturers and farmers is taken into account when the USDA administers the sugar program. Sponsors say the bill would also reduce market distortions caused by sugar import quotas.