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United States · Bill · S

S. 664 (99th)

A bill to facilitate the competitiveness of exports of United States agricultural commodities.

openUnited States· United States Congress· EN

Introduced

14 March 1985

Last action

Status

Subcommittee on Merchant Marine. Hearings held. Hearings printed: S.Hrg. 99-269.

Sponsors

Subjects

Discovery layer

Source updated

14 January 2025

Summary

Prohibits the cargo preference laws from applying to export activities of the Commodity Credit Corporation (CCC) or the Department of Agriculture under which: (1) stocks of farm commodities or the products thereof acquired by the CCC are made available to U.S. exporters, users, or foreign purchasers for the maintenance or expansion of commercial export markets for U.S. farm commodities; (2) commercial credit guarantees are blended with direct interest-free credits from the CCC to reduce the interest rate on export sales of U.S. farm commodities; or (3) the CCC or the Department of Agriculture promotes commercial exports of U.S. farm commodities. Exempts from such prohibition export activity undertaken to fulfill an agreement entered into before enactment of this Act.

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Documents

1 official file

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Sources

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