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United States · Bill · HR

H.R. 5649 (98th)

Federal Timber Contract Payment Modification Act

openUnited States· United States Congress· EN

Introduced

10 May 1984

Last action

26 September 1984 · Committee

Status

Forwarded by Subcommittee to Full Committee (Amended).

Sponsors

Rep. Weaver, James H. [D-OR-4], Rep. Coelho, Anthony Lee [D-CA-15], Rep. Bosco, Douglas H. [D-CA-1], Rep. Chappie, Eugene A. [R-CA-2], Rep. Pashayan, Charles, Jr. [R-CA-17], Rep. AuCoin, Les [D-OR-1], Sen. Wyden, Ron [D-OR], Rep. Smith, Robert [R-OR-2], Rep. Smith, Denny [R-OR-5], Rep. Swift, Al [D-WA-2], Rep. Morrison, Sid [R-WA-4], Rep. Chandler, Rod D. [R-WA-8], Rep. Bonker, Don [D-WA-3], Rep. Dicks, Norman D. [D-WA-6], Rep. Pritchard, Joel [R-WA-1], Rep. Lowry, Mike [D-WA-7], Rep. Foley, Thomas S. [D-WA-5], Rep. Zschau, Edwin V. W. [R-CA-12]

Subjects

Discovery layer

Source updated

29 August 2025

Official sourceView documentsShare

Summary

Federal Timber Contract Payment Modification Act - Authorizes requesting purchasers of Federal timber to buy out pre-1982 and specified reformed contracts held with the Secretary of Agriculture or the Secretary of the Interior. Permits a buy-out of: (1) up to 55 percent of a contract's volume, with a maximum of 200,000,000 board feet, for purchasers holding more than 27,300,000 board feet of timber in qualifying contracts; or (2) up to 15,000,000 board feet or one contract (whichever is greater) for purchasers holding 27,000,000 or less board feet of timber in qualifying contracts. Bases purchaser cost on net worth and projected contract losses. States that amounts collected from buy-outs shall be available for timber management appropriation. Limits FY 1984 Forest Service region six timber sales to 4,300,000,000 board feet. States that beginning in FY 1985 and continuing until completion of specified 1983 contract extensions (but at least through FY 1991) such region's timber sales shall be adjusted to specified levels. Treats affiliated concerns as a single entity for purposes of calculating net worth and buy-out limitations.

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

Timeline

  1. 10 May 1984

    Introduced

    Referred to House Committee on Agriculture.

    Source: IntroReferral

  2. 10 May 1984

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 10 May 1984

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 15 May 1984

    Referred

    Referred to Subcommittee on Forest, Family Farms, and Energy.

    Source: Committee

  5. 4 June 1984

    Referred

    Referred to Subcommittee on Mining, Forest Management and Bonneville Power Administration.

    Source: Committee

  6. 27 June 1984

    Committee

    Subcommittee Hearings Held.

    Source: Committee

  7. 26 September 1984

    Committee

    Forwarded by Subcommittee to Full Committee (Amended).

    Source: Committee

  8. 26 September 1984

    Committee

    Subcommittee Consideration and Mark-up Session Held.

    Source: Committee

Votes

No vote records are attached yet.

Versions

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Documents

1 official file

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Sponsors

Related records

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Sources

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