HR 4523 · 106th Congress · Agriculture and Food

To amend the Agricultural Market Transition Act to permit a producer to lock in a loan deficiency payment rate for a portion of a crop.

Introduced 2000-05-23· Sponsored by Rep. Smith, Nick [R-MI-7]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Executive Comment Requested from USDA.(2000-06-06)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Agricultural Market Transition Act to provide an alternative loan deficiency payment computation permitting producers to lock in a rate of up to 85 percent of the loan commodity (yield) from the date that the Secretary of Agriculture determines that a fall- or spring-planted commodity is beginning to be harvested until producers begin harvesting such commodity.…

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