2024 Farm Bill Thca Bill. As we approach the end of 2024, the hemp industry is closely watching the developments in the reauthorization of the federal farm bill. The 2018 farm bill that created the hemp “loophole” was extended in 2023 for a year, and expired this year on sept.

Senate’s version of the farm bill finally landed this week. Funding for many of the bill’s programs won’t run out until dec.