HR 3715 · 95th Congress · Agriculture in foreign trade
American Agriculture Protection Act
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Agriculture.(1977-02-21)
Plain Language Summary
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American Agriculture Protection Act - Directs the Secretary of Agriculture, in the event of an export embargo on grain sales to any country or area with which the United States continues commercial trade, to set the loan level for such commodity (wheat, feed grain, soybeans, rice or flaxseed) at 100 percent of the parity price for such commodity as determined the day such embargo is initiated. Requires such loan level to remain in effect for the duration of such embargo.…
Summarized by Claude AI · Non-partisan · For informational purposes only