HR 2403 · 102th Congress · Agriculture and Food
Market-Oriented Milk Inventory Management Act of 1991
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the Subcommittee on Livestock, Dairy, and Poultry.(1991-05-23)
Plain Language Summary
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Market-Oriented Milk Inventory Management Act of 1991 - Amends the Agricultural Act of 1949 to replace current milk price support adjustment provisions with rate adjustments based on milk index and milk production cost figures. Provides for the establishment of: (1) nontransferable monthly farm milk production levels; (2) a supply- and demand-based U.S. production level, including determinations of necessary and surplus milk production percentages and rates of support for necessary and surplus milk marketings; and (3) an Industry Marketing Board.…
Summarized by Claude AI · Non-partisan · For informational purposes only