Senate agriculture panel passes farm bill with hemp legalization - Cannabis News

McConnell's hemp legislation, known as the Hemp Farming Act, is included in the Senate's farm bill and would remove industrial hemp from the list of controlled substances under federal law.

The Senate Agriculture Committee on Wednesday passed the massive farm bill by a 20-1 vote and overcame an attempt to tighten subsidy payments to farmers.

The draft farm bill, officially known as the Agriculture Improvement Act of 2018, contains more than 1,000 pages and covers everything from farm subsidies and food stamps to trade and rural development policy.

Farmer assistance includes commodity payment programs, as well as subsidized crop insurance.

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Jeff Daniels ~ CNBC.com ~