S 2559 · 93th Congress · Agriculture and Food
Domestic Food Price Impact Statement Act
Bill Progress
✓
Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Referred to Senate Committee on Banking, Housing and Urban Affairs.(1973-10-10)
Plain Language Summary
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Domestic Food Price Impact Statement - States that no agricultural commodity may be exported to any foreign country unless: (1) the person exporting has submitted a registration statement to the Secretary; and (2) the Secretary has approved such statement. Provides that the Secretary may not approve an export registration statement for a quantity of a commodity which, when added to the quantity of such commodity already approved, exceeds 20 per cent of the level of domestic production. Authorizes the Secretary to establish a limitation lower than 20 percent under specified circumstances. States that this Act applies to agricultural commodities planted for harvest in 1974 and subsequent years.…
Summarized by Claude AI · Non-partisan · For informational purposes only