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

referredUnited States· United States Congress· EN

Introduced

20 March 1984

Last action

—

Status

Referred to Subcommittee on Agricultural Production.

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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Documents

1 official file

Introduced in Senate
summary · EN · 20 March 1984
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/98th-congress/senate-bill/2453
Open data entity: https://api.congress.gov/v3/bill/98/s/2453