A bill to amend the Food and Agriculture Act of 1977 to establish certain loan levels whenever the export sales of certain commodities are suspended, and for other purposes.

reportedUnited States· United States Congress· EN

Introduced

22 January 1980

Last action

—

Status

Reported to House from the Committee on Appropriations, H. Rept. 96-877 (Part II).

Summary

Amends the Food and Agriculture Act of 1977 to require the Secretary of Agriculture to set the loan level at 90 percent of the parity price for any specified agricultural commodities in which export sales have been suspended (presently such loan levels are set only when export sales are suspended due to short supplies). Stipulates that the loan level shall be at least the average market price for the five marketing days preceding the suspension of exports of such commodities for national security or foreign policy reasons.

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Versions

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Documents

2 official files

Reported to House amended, Part I
summary · EN · 15 April 1980
Open at official source
Introduced in House
summary · EN · 22 January 1980
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/96th-congress/house-bill/6245
Open data entity: https://api.congress.gov/v3/bill/96/hr/6245