A bill to amend the Agricultural Act of 1949 to provide grain from the Commodity Credit Corporation to new facilities producing liquid fuels and agricultural commodity byproducts.

Summary

Amends the Agricultural Act of 1949 to direct the Commodity Credit Corporation, upon a facility's written request and through a State entity, to make agricultural commodity surpluses (grain stocks) available to facilities producing liquid fuels and agricultural commodity byproducts. Limits this availability to: (1) the first year of a facility's operation in an amount sufficient for that year's production; (2) 20 million bushels per facility; and (3) a total yearly maximum of 100 million bushels.

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Documents

1 official file

• Introduced in House

  summary · EN · 15 July 1987

  Open at official source

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