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.

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 30 marketing days preceding the suspension of exports of such commodities for national security or foreign policy reasons.

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

Timeline

1. 24 January 1980

   Introduced

   Introduced in House

   Source: IntroReferral

2. 24 January 1980

   Introduced

   Referred to House Committee on Agriculture.

   Source: IntroReferral

3. 24 January 1980

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

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Versions

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Documents

1 official file

• Introduced in House

  summary · EN · 24 January 1980

  Open at official source

Sponsors

• Rep. Marlenee, Ron [R-MT-2] · R · Sponsor
• · hsag00 · Standing

Related records

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