Sugar Reform Act of 2015

[AI summary unavailable — showing source text] Sugar Reform Act of 2015 This bill revises the Department of Agriculture (USDA) sugar program to decrease price support levels and make other modifications. The bill amends the Federal Agriculture Improvement and Reform Act of 1996 to decrease the rate for price support loans to processors of domestically grown sugarcane and sugar beets. The loan rate is the price level at which processors can take out loans. The bill amends the Agricultural Adjustment Act of 1938 to require USDA to set the marketing allotments at a level appropriate to maintain adequate domestic supplies at reasonable prices. The allotments limit the amount of sugar that each processor may sell. The allotments may be suspended or modified based on: (1) the interests of consumers, workers, businesses, and agricultural producers; and (2) the relative competitiveness of domestically produced and imported foods containing sugar. In setting import quotas necessary to comply with trade agreements, USDA must: set the quotas at no less than the minimum level necessary for compliance, adjust the quotas to provide adequate domestic supplies at reasonable prices, establish and adjust quotas so that the ratio of sugar stocks …