Export Priorities Act

Summary

Export Priorities Act - Title I: General Provisions - Makes technical amendments to the Export Administration Act of 1969. Title II: Agricultural Export Controls - Directs the Secretary of Agriculture, within ninety days after the beginning of the crop year for any agricultural commodity, to determine the quantity of the crop of such commodity, if any, that will be available for export and inform the Secretary of Commerce thereof, who shall publicly announce such determination. States that no agricultural commodity may be exported to any foreign country unless the person exporting has been issued a license or unless the commodity has been exempted. States that the quantity of any commodity available for export shall be allocated among foreign countries by the Secretary. Specifies the basis for determining such allocation. Provides that the Secretary may reserve not more than 10 percent of a commodity for export in order to meet unexpected foreign demand resulting from natural disaster, crop failure, and changes in existing trading patterns in that commodity. Prescribes the procedures for: (1) issuance of export licenses; (2) administrative revision of quantities available for export; and (3) exports to developing countries. Confers authority on the Secretary to issue such rules or regulations as may be necessary to carry out the provisions of this Act. States that fees collected by the Secretary on export licenses shall be deposited in a special account in the Treasury and shall be available to carry out the National School Lunch Act, the Child Nutrition Act of 1966, the Food Stamp Act of 1964, and the commodity distribution program of the Agricultural Act of 1949, with specified exceptions.

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 Senate

  summary · EN · 13 September 1973

  Open at official source

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.