Rice Act

[AI summary unavailable — showing source text] Rice Act - Title I: Rice - Directs the Secretary of Agriculture, under the provisions of the Agricultural Adjustment Act of 1938, to establish for each of the 1975 through 1977 crops of rice a national acreage allotment which shall be the number of acres which will produce an amount of rice equal to the estimated domestic consumption and exports (less imports) of rice for the marketing year beginning in the year in which the crop is to be produced, adjusted to maintain adequate supplies or to prevent excessive carryover stocks. Requires that the national acreage allotment shall not be less than two million acres. Directs the Secretary to allocate the national acreage allotment on the basis of the rice allotments established for the preceding crops, as equitably adjusted. Provides for reserving a portion of the rice allotment for apportionment to new rice farms and new rice producers. Sets forth criteria for reducing the rice allotment. Authorizes the Secretary to transfer for any year because of natural disaster all or a part of such rice acreage for any farm in the county or in any other nearby county on which one or more producers on the farm from which the transfer is to be made…