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United States · Bill · S

S. 2332 (106th)

A bill to amend the Agricultural Market Transition Act to permit a producer to lock in a loan deficiency payment rate for a portion of a crop.

referredUnited States· United States Congress· EN

Introduced

30 March 2000

Last action

Status

Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.

Sponsors

Subjects

Discovery layer

Source updated

14 January 2025

Summary

Amends the Agricultural Market Transition Act to provide an alternative loan deficiency payment computation permitting producers to lock in a rate of up to 85 percent of the loan commodity (yield) from the date that the Secretary of Agriculture determines that a fall- or spring-planted commodity is beginning to be harvested until producers begin harvesting such commodity. States that payments shall be received after: (1) harvest of the total quantity of the loan commodity; and (2) receipt of related documentation by the Secretary.

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Documents

3 official files

Introduced in Senate (text)

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Sources

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