A bill to enable agricultural producers to regain solvency, to protect the jobs of those engaged in providing agricultural equipment, chemicals, seeds and supplies, and to prevent further imposition on the agricultural industry of the cost of United States foreign policy, and for other purposes.

Summary

Repeals all restrictions which prevent the Commodity Credit Corporation (CCC) from selling farm commodities competitively in world trade. Prohibits the application of any restriction or limitation on any farm producer until such producers are fully compensated for estimated damages caused by Government-imposed embargoes or the failure of the CCC to offer surplus U.S. farm commodities for sale in world trade at competitive prices during the last decade. Prohibits any officer or employee of the Department of Agriculture, except the Secretary of Agriculture, from serving as a member of the Board of Directors or as an officer of the Commodity Credit Corporation after July 1, 1985, if the CCC fails to offer U.S. surplus farm commodities for sale in world trade at competitive prices. Suspends all payment limitations in the Agricultural Act of 1949 and the Agriculture and Food Act of 1981, in order to restore agricultural income.

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1 official file

• Introduced in House

  summary · EN · 26 March 1985

  Open at official source

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