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H.R. 3709 (93rd)

A bill to amend the Economic Stabilization Act of 1970, to stabilize the retail prices of meat for a period of 45 days at the November 1972 retail levels and to require the President to submit to the Congress a plan for insuring an adequate meat supply for U.S. consumers, and reasonable meat prices and a fair return on invested capital to farmers, food processors, and food retailers.

referredUnited States· United States Congress· EN

Introduced

5 February 1973

Last action

5 February 1973 · Introduced

Status

Referred to House Committee on Banking and Currency.

Sponsors

Rep. Rosenthal, Benjamin S. [D-NY-8], Rep. Abzug, Bella S. [D-NY-20], Rep. Badillo, Herman [D-NY-21], Rep. Burton, Phillip [D-CA-6], Rep. Chisholm, Shirley [D-NY-12], Rep. Corman, James C. [D-CA-21], Rep. Cotter, William R. [D-CT-1], Del. de Lugo, Ron [D-VI-At Large], Rep. Diggs, Charles C., Jr. [D-MI-13], Rep. Donohue, Harold D. [D-MA-3], Rep. Drinan, Robert F. [D-MA-4], Rep. Fish, Hamilton, Jr. [R-NY-19], Rep. Flood, Daniel J. [D-PA-11], Rep. Grasso, Ella T. [D-CT-6], Rep. Helstoski, Henry [D-NJ-9], Rep. Holtzman, Elizabeth [D-NY-16], Rep. Lehman, William [D-FL-17], Rep. Schroeder, Patricia [D-CO-1], Del. Won Pat, Antonio B. [D-GU-At Large], Rep. Yatron, Gus [D-PA-6]

Subjects

Discovery layer

Source updated

1 August 2024

Official sourceView documentsShare

Summary

Authorizes and directs the President, under the Economic Stabilization Act, to issue whatever rules, regulations, or orders are necessary or appropriate to stabilize meat prices at their November 1972 retail price levels for a period of forty-five days beginning upon the date of enactment of this Act. Requires the President to submit a legislative proposal to the Congress, not later than forty-five days after the date of enactment of this Act, to insure: (1) an adequate meat supply for United States consumers; (2) noninflationary retail food and meat prices to consumers; and (3) a fair rate of return on invested capital to farmers, food processors, and food retailers.

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

Timeline

  1. 5 February 1973

    Introduced

    Referred to House Committee on Banking and Currency.

    Source: IntroReferral

  2. 5 February 1973

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 5 February 1973

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

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

Documents

1 official file

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Sponsors

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Sources

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