A bill to require the Commodity Credit Corporation to have certain provisions in contracts entered into by the Corporation for storage of agricultural commodities.

Summary

Amends the Commodity Credit Corporation Charter Act regarding long-term (in excess of one year) commodity storage contracts to require that: (1) rental rates shall be less than rates charged for one-year agreements; (2) the Commodity Credit Corporation (CCC) would not be obligated to pay for unused space it leases to another party; and (3) the CCC can terminate the agreement if the space is no longer needed and the owner can be given reasonable time to rent the space to another party.

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Timeline

1. 20 March 1984

   Introduced

   Read twice and referred to the Committee on Agriculture.

   Source: IntroReferral

2. 20 March 1984

   Introduced

   Introduced in Senate

   Source: IntroReferral

3. 26 March 1984

   Committee

   Committee on Agriculture requested executive comment from Agriculture Department.

   Source: Committee

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 · 20 March 1984

  Open at official source

Sponsors

• Sen. Boren, David L. [D-OK] · D · Sponsor
• Sen. Huddleston, Walter (Dee) [D-KY] · D · Sponsor
• · ssaf00 · Standing

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