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.

referredUnited States· United States Congress· EN

Introduced

24 January 1980

Last action

—

Status

Referred to House Committee on Agriculture.

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.

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Documents

1 official file

Introduced in House
summary · EN · 24 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/6294
Open data entity: https://api.congress.gov/v3/bill/96/hr/6294