Dairy Income Fairness Act of 2013

Summary

Dairy Income Fairness Act of 2013 - Establishes a dairy production margin protection program under which participating dairy operations are paid: (1) basic production margin protection program payments when production margins are less than threshold levels, and (2) supplemental production margin protection program payments if purchased by a participating dairy operation. Provides for a transition period under which the dairy production margin protection program and the milk income loss program shall both be in existence and producers may participate in either program. Establishes a dairy market stabilization program to assist in balancing the supply of milk with demand when participating dairy operations are experiencing low or negative operating margins. Terminates the production margin protection and stabilization programs on December 31, 2017. Repeals: (1) the dairy products price support program, (2) the milk income loss contract program, and (3) the dairy export incentive program. Extends: (1) the dairy indemnity program, (2) the dairy forward pricing program, and (3) the dairy promotion and research program. Directs the Secretary of Agriculture (USDA) to use a pre-hearing public information session to determine whether to conduct a formal hearing to consider alternative formulas for Class III milk product pricing. Directs the Secretary to conduct hearings to: (1) analyze the implications of transitioning from a four-class system for milk products to a two-class system, (2) explore methods to improve signals for price discovery to allow dairy producers to better use risk management tools, and (3) assess whether a two-class competitive pay pricing system for milk products would be more or less transparent than the existing system.

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

Timeline

1. 19 March 2013

   Introduced

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

   Source: IntroReferral

2. 19 March 2013

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 19 March 2013 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 19 March 2013

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 19 March 2013

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 19 March 2013

  Open at official source

Sponsors

• Kirsten Gillibrand · D · Sponsor
• · ssaf00 · Standing

Related records

• related to → Agriculture Reform, Food, and Jobs Act of 2013
• related to → Agriculture Reform, Food, and Jobs Act of 2013
• related to ← Dairy Pricing Reform Act of 2013
• related to ← Agriculture Reform, Food, and Jobs Act of 2013