HR 2664 · 103th Congress · Agriculture and Food

Dairy Budget Reconciliation and Self-Help Initiative Act of 1993

Introduced 1993-07-15· Sponsored by Rep. Volkmer, Harold L. [D-MO-9]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Forwarded by Subcommittee to Full Committee (Amended) by Voice Vote.(1994-06-08)

Plain Language Summary

[AI summary unavailable — showing source text] Dairy Budget Reconciliation and Self-Help Initiative Act of 1993 - Amends the Agricultural Act of 1949 (the Act) to revise milk price support provisions concerning reduction in price received and enforcement to provide that from 1994 through 1998 the Secretary of Agriculture shall provide for: (1) budget reconciliation saving deductions from producer revenues on milk of ten cents per hundredweight of milk marketed, which shall be adjusted annually to compensate for refunds; and (2) market stabilization deductions from producer revenues on milk of up to ten cents per hundredweight. Sets forth the deduction process. Provides refunds to producers. Sets forth collection and enforcement provisions. Establishes in the Commodity Credit Corporation the Dairy Stabilization Fund to provide for the expenditures of the Dairy Stabilization Board. Provides that there shall be deposited into the Fund: (1) all monies from the market stabilization deductions; (2) a specified portion of the monies from the budget reconciliation savings deduction; (3) monies collected from any excess purchases reduction in price, as specified; (4) revenues received by the Dairy Stabilization Board from sales of dairy…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (5)

3 Democrats2 Republicans