S 839 · 106th Congress · Agriculture and Food

Farmer Owned Reserve Restoration Act of 1999

Introduced 1999-04-20· Sponsored by Sen. Kerrey, J. Robert [D-NE]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Agriculture.(1999-04-20)

Plain Language Summary

[AI summary unavailable — showing source text] Farmer Owned Reserve Restoration Act of 1999 - Amends the Agricultural Market Transition Act to restore the wheat and feed grain farmer owned reserve program. (Eliminates the provision suspending the program for such producers through crop or calendar year 2002.) Amends the Agricultural Act of 1949 with respect to the program to: (1) revise extended price support loan interest charge provisions; (2) permit advance storage payments and revise storage loan termination provisions; (3) reduce maximum commodity amounts; and (4) set forth prices (compared to loan rates) at which, and conditions under which, a producer may withdraw stored commodities.…

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

Cosponsors (5)

5 Democrats