S 4152 · 93th Congress · Public Lands and Natural Resources

A bill to amend the Act of October 13, 1964, to authorize the transfer of earned purchaser credits between national forests timber sale contracts.

Introduced 1974-10-17· Sponsored by Sen. McClure, James A. [R-ID]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Rereferred to Senate Committee on Agriculture and Forestry.(1974-12-19)

Plain Language Summary

[AI summary unavailable — showing source text] Empowers the Secretary of Agriculture to include in the provisions for amortization of road costs in contracts for the sale of national forest timber the right of the purchaser to transfer earned but unused purchaser credits to other contracts on the same national forest, except that such purchaser credits shall not be transferrable when the difference between the timber value at base rates and bid rates is less than the estimated costs of such road construction.…

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