TheSoil Bank Program is a federal program (authorized by theSoil Bank Act, P.L. 84-540, Title I) of the late 1950s and early 1960s that paid farmers to retire land from production for 10 years. It was the predecessor to today’sConservation Reserve Program (CRP). Proposed by President Eisenhower as part of the 1956 Agriculture Act, the original idea was for the government to buy back sub-marginal land that was homesteaded in the late 1800s. This would both extend pastures, forests and watersheds and also reduce the need for the government to supportoverproduction.[1]
The maximum enrollment was 28,700,000 acres (116,000 km2) in 1960. Some elements in the CRP, such as a limit on CRP acres per county, were a response to the Soil Bank experience.[citation needed]
{{cite book}}: CS1 maint: location (link)
This article incorporatespublic domain material fromJasper Womach.Report for Congress: Agriculture: A Glossary of Terms, Programs, and Laws, 2005 Edition(PDF).Congressional Research Service.