A bill to authorize the Secretary of Agriculture to subsidize the freight cost of exporting certain surplus agricultural commodities by ship.

Summary

Authorizes the Secretary of Agriculture to make shipping subsidy payments to persons who sell surplus agricultural commodities for export if: (1) such commodity is not likely to be marketable in the United States and is likely to be destroyed if such payment is not made; (2) such sale will improve the balance of trade; (3) such sale will not interfere with existing marketing agreements; (4) the seller sells such commodity within 180 days after the Secretary determines it to be eligible for assistance under this Act; and (5) the seller has received no support assistance for such commodity under other agricultural legislation. Authorizes the appropriation of $10,000,000 for fiscal year 1978 to carry out the provisions of this Act.

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1 official file

• Introduced in House

  summary · EN · 21 March 1977

  Open at official source

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