No Net Cost Tobacco Program Act of 1982

Summary

No Net Cost Tobacco Program Act of 1982 - Title I: Modification of Tobacco Price Support Program - Amends the Agricultural Act of 1949 to authorize the Secretary of Agriculture to carry out tobacco price support through Commodity Credit Corporation loan agreements with producer-owned cooperative marketing associations which will in turn make loans to producers. Requires each association to establish a separate capital account, to be known as a No Net Cost Tobacco Fund (Fund), consisting of contributions from producers of quota tobacco and, for associations handling Flue-cured tobacco, from persons who lease allotments and quotas to others. Requires such contributions for price support eligibility. Authorizes an association to set contribution rates subject to the Secretary's approval. Prohibits the Secretary from approving a contribution rate not high enough to reimburse the Corporation for any net loan losses that the association may incur. Permits an association to invest Fund moneys and to issue capital stock or certifications to investors. Requires that any earnings on Fund investments become a part of the Fund. States that net gains from the sale of an association's loan collateral tobacco shall go to the Corporation to be used to offset future losses or to reduce outstanding loan debts. Authorizes the Secretary to release excess gains to the associations. Authorizes the Secretary to adjust the support rates for different grades of tobacco to avoid market excesses. Authorizes the Secretary to provide for an alternate auction sale of "excessively priced" Flue-cured tobacco. Sets forth conditions for such designation and sale. Title II: Modification of Flue-Cured Tobacco Marketing Quota System - Amends the Agricultural Adjustment Act of 1938 to permit the leasing of Flue-cured tobacco acreage allotments or quotas. Prohibits such agreements after June 15 of the crop year, except in cases of natural disaster damage, but limits them to adjoining counties within the same State. Requires all arrangements in connection with a lease to be exclusively between lessor and lessee or an agent who regularly represents either party in nontobacco-related business transactions. Prohibits subleasing. Requires each party to file a certificate of compliance with the county committee in order for the lease to take effect. Makes loss of price supports for the affected acreage the penalty for false statements made in such certificate. Provides that the Flue-cured tobacco acreage allotment for a farm to which an allotment is transferred by sale or lease may not exceed 50 percent of such farm's tillable cropland. Permits the sale of allotments or quotas, but only to active producers (as defined in this Act) in the same county. Requires a producer to sell or forfeit any Flue-cured tobacco allotment: (1) which exceeds 50 percent of the farm's tillable cropland; or (2) in which no risk-sharing is involved. Requires a nonagricultural entity (other than an individual) which owns a Flue- cured tobacco farm but is not significantly involved in its management to sell its Flue-cured tobacco allotments or quotas or forfeit them. Requires the national yield factor for Flue-cured tobacco to be adjusted in 1983, and at five-year intervals thereafter, to the past five years' moving average. Permits individual adjustments. Authorizes producer-owned cooperative associations to make direct sales of Flue-cured tobacco.

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

Timeline

1. 15 June 1982

   Introduced

   Referred to House Committee on Agriculture.

   Source: IntroReferral

2. 15 June 1982

   Introduced

   Introduced in House

   Source: IntroReferral

3. 15 June 1982

   Introduced

   Introduced in House

   Source: IntroReferral

4. 16 June 1982

   Reported

   Ordered to be Reported (Amended).

   Source: Committee

5. 16 June 1982

   Committee

   Committee Consideration and Mark-up Session Held.

   Source: Committee

6. 18 June 1982

   Calendars

   Placed on Union Calendar No: 376.

   Source: Calendars

7. 18 June 1982

   Reported

   Reported to House (Amended) by House Committee on Agriculture. Report No: 97-613.

   Source: Committee

8. 18 June 1982

   Reported

   Reported to House (Amended) by House Committee on Agriculture. Report No: 97-613.

   Source: Committee

9. 21 June 1982

   Passed

   Passed House (Amended) by Voice Vote.

   Source: Floor

10. 21 June 1982

    Passed

    Passed/agreed to in House: Passed House (Amended) by Voice Vote.

    Source: Floor

11. 21 June 1982

    Floor

    Called up by House Under Suspension of Rules.

    Source: Floor

12. 23 June 1982

    Introduced

    Received in the Senate and read twice and referred to the Committee on Agriculture.

    Source: IntroReferral

13. 24 June 1982

    Calendars

    Placed on Senate Legislative Calendar under Regular Orders. Calendar No. 694.

    Source: Calendars

14. 24 June 1982

    Reported

    Committee on Agriculture. Ordered to be reported with amendments favorably.

    Source: Committee

15. 24 June 1982

    Reported

    Committee on Agriculture. Reported to Senate by Senator Helms with amendments. Without written report.

    Source: Committee

16. 14 July 1982

    Floor

    Measure laid before Senate.

    Source: Floor

17. 14 July 1982

    Vote

    Passed/agreed to in Senate: Passed Senate with amendments by Yea-Nay Vote. 77-17. Record Vote No: 213.

    Source: Floor

18. 15 July 1982

    Passed

    House Agreed to Senate Amendments by Unanimous Consent.

    Source: ResolvingDifferences

19. 15 July 1982

    Passed

    Resolving differences -- House actions: House Agreed to Senate Amendments by Unanimous Consent.

    Source: NotUsed

20. 19 July 1982

    Floor

    Presented to President.

    Source: Floor

21. 19 July 1982

    President

    Presented to President.

    Source: President

22. 19 July 1982

    Floor

    Measure Signed in Senate.

    Source: Floor

23. 20 July 1982

    Became law

    Became Public Law No: 97-218.

    Source: President

24. 20 July 1982

    President

    Signed by President.

    Source: President

25. 20 July 1982

    Became law

    Signed by President.

    Source: BecameLaw

Votes

Versions

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

Documents

6 official files

• Public Law (PDF)

  Public Law · EN · 21 July 1982

  ViewDownloadOpen at official source

• Passed Senate amended

  summary · EN · 14 July 1982

  Open at official source

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  Vertaal document

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• Reported to Senate with amendment(s)

  summary · EN · 24 June 1982

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  Vertaal document

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• Passed House amended

  summary · EN · 21 June 1982

  Open at official source

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  Vertaal document

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

• Reported to House with amendment(s)

  summary · EN · 18 June 1982

  Open at official source

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  Vertaal document

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

• Introduced in House

  summary · EN · 15 June 1982

  Open at official source

  Leesvertaling

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  Vertaal document

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

Sponsors

• Rep. Rose, Charlie [D-NC-7] · D · Sponsor
• Rep. Whitley, Charles O., Sr. [D-NC-3] · D · Sponsor
• Rep. Jones, Walter B. [D-NC-1] · D · Sponsor
• Rep. Hatcher, Charles [D-GA-2] · D · Sponsor
• Rep. Napier, John L. [R-SC-6] · R · Sponsor
• Rep. Hefner, W. G. (Bill) [D-NC-8] · D · Sponsor
• Rep. Johnston, Eugene (Gene) [R-NC-6] · R · Sponsor
• Rep. Daniel, W. C. (Dan) [D-VA-5] · D · Sponsor
• Rep. Fountain, L. H. [D-NC-2] · D · Sponsor
• · ssaf00 · Standing
• · hsag00 · Standing

Related records

• amends ← To require the Secretary of Agriculture to conduct certain studies of the tobacco price support program, and report to the Congress.
• amends ← To prohibit the sale of tobacco floor sweepings.
• amends ← To permit new farmers to purchase flue-cured tobacco allotments.
• amends ← To require purchasers of Burley tobacco marketing quotas to continue to have a financial interest in the production of Burley tobacco.
• amends ← To enable the Congress to obtain certain data necessary to enable it to carry out its legislative functions.
• amends ← To provide a different effective date.
• amends ← To allow new farmers to purchase Burley tobacco marketing quotas.
• amends ← To make the provisions of section 301 of the bill (relating to the use of No Net Cost Tobacco Accounts) applicable to kinds of tobacco other than Burley tobacco.

Showing 8 of 17 related records.

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