Domestic Food Price Impact Statement Act

Summary

Domestic Food Price Impact Statement Act - States that no agricultural commodity may be exported to any foreign country unless: (1) the person exporting has submitted a registration statement to the Secretary of Commerce; and (2) the Secretary has approved such statement. Provides that the Secretary may not approve an export registration statement for a quantity of a commodity which, when added to the quantity of such commodity already approved, exceeds 20 percent of the level of domestic production. Authorizes the Secretary to establish a limitation lower than 20 percent under specified circumstances. Stipulates that such limitations shall not apply to any commodity with respect to which the Secretary of Commerce causes to be published a domestic food price impact statement which contains the Secretary's certification that: (1) the domestic production of such commodity will be sufficient to insure against domestic scarcity; (2) exports in excess of the limitation will not have any direct or indirect impact on consumer prices in the United States; and (3) such exports will not result in increased unemployment in the United States. States that this Act applies to agricultural commodities planted for harvest in 1975 and subsequent years.

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

Timeline

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 31 July 1975

  Open at official source

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.