A bill to suspend for 90 days the reduction in food stamp benefits and to fix the loan rate and thereby facilitate more orderly marketing of the 1974 and 1975 crops of feed grains, wheat, cotton, and soybeans.

Summary

Fixes the loan rate, under the price support provisions of the Agricultual Act of 1949, as amended, for the 1974 and 1975 crops of corn at $2.48 per bushel; and of soybeans at $5.90 per bushel. Stipulates that for the period beginning January 1, 1975, and ending June 1, 1975, the charge to households for coupons under the Food Stamp Act of 1964 shall be the lesser of (1) the purchase requirements for households which were established by regulations in effect on January 1, 1975, or (2) 30 per cent of the household's income.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 28 January 1975

  Open at official source

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.