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United States · Bill · S

S. 2481 (95th)

Flexible Parity Act

openUnited States· United States Congress· EN

Introduced

2 February 1978

Last action

21 March 1978 · Floor

Status

Measure indefinitely postponed in Senate (Similar provisions inserted in H.R. 6782).

Sponsors

Sen. Dole, Robert J. [R-KS], Sen. Tower, John G. [R-TX], Sen. Thurmond, Strom [R-SC], Sen. Zorinsky, Edward [D-NE], Sen. Allen, James B. [D-AL], Sen. Curtis, Carl T. [R-NE], Sen. Hayakawa, Samuel Ichiye [R-CA], Sen. Domenici, Pete V. [R-NM], Sen. Bentsen, Lloyd M. [D-TX], Sen. Weicker, Lowell P., Jr. [R-CT], Sen. Schmitt, Harrison H. [R-NM], Sen. Pearson, James B. [R-KS], Sen. Wallop, Malcolm [R-WY], Sen. Sparkman, John J. [D-AL], Sen. Bartlett, Dewey F. [R-OK], Sen. Hart, Gary W. [D-CO], Sen. Haskell, Floyd K. [D-CO], Sen. Griffin, Robert P. [R-MI], Sen. Abourezk, James [D-SD], Sen. McClure, James A. [R-ID], Sen. Riegle, Donald W., Jr. [D-MI], Sen. Danforth, John C. [R-MO]

Subjects

Discovery layer

Source updated

2 September 2025

Official sourceView documentsShare

Summary

Flexible Parity Act - Title I: Wheat - Amends the Agricultural Act of 1949 to provide for the 1978 crop of wheat a sliding-scale of established prices, keyed to voluntary five percent increments above the required acreage set-aside level, ranging from $3.00 per bushel for a 20 percent set-aside up to $5.04 per bushel for a 50 percent set-aside. Title II: Feed Grains - Amends the Agricultural Act of 1949 to provide for the 1978 crop of feed grains a sliding-scale of established prices, keyed to voluntary five percent increments above the required acreage set-aside level, ranging from $2.10 for a ten percent set-aside up to $3.45 for a 50 percent set-aside. Title III: Upland Cotton - Amends the Agricultural Act of 1949 to provide for the 1978 crop of upland cotton a sliding-scale of established prices, keyed to voluntary five percent increments above the required acreage set-aside level, ranging from 54 cents per pound for a 20 percent set-aside up to 84 cents per point for a 50 percent set-aside. Title IV: Grain Release Prices - Amends the Agricultural Act of 1949: (1) to prohibit the Secretary of Agriculture from providing for the redemption of stored wheat and feed grains loans unless the market price for such commodities is not less than parity; (2) to prohibit the Secretary from calling such loans until the market price for wheat and feed grains is at least 105 percent of parity; and (3) to prohibit the Commodity Credit Corporation from selling its stocks of wheat and feed grains for less than the parity price of such commodities.

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

Timeline

  1. 2 February 1978

    Introduced

    Referred to Senate Committee on Agriculture, Nutrition and Forestry.

    Source: IntroReferral

  2. 2 February 1978

    Introduced

    Introduced in Senate

    Source: IntroReferral

  3. 16 March 1978

    Reported

    Reported to Senate from the Committee on Agriculture, Nutrition and Forestry with amendment, S. Rept. 95-704.

    Source: Committee

  4. 16 March 1978

    Reported

    Reported to Senate from the Committee on Agriculture, Nutrition and Forestry with amendment, S. Rept. 95-704.

    Source: Committee

  5. 21 March 1978

    Floor

    Measure indefinitely postponed in Senate (Similar provisions inserted in H.R. 6782).

    Source: Floor

Votes

No vote records are attached yet.

Versions

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

Documents

2 official files

Leesvertaling

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  • Reported to Senate with amendment(s)

    summary · EN · 16 March 1978

    Open at official source

  • Introduced in Senate

    summary · EN · 2 February 1978

    Open at official source

    Leesvertaling

    Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

    Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

Related records

Sources

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