S 976 · 95th Congress ·

An Act to amend the Perishable Agricultural Commodities Act.

Introduced 1977-03-10· Sponsored by Sen. Huddleston, Walter (Dee) [D-KY]· Senate

Bill Progress

1
Introduced
2
Committee
Senate Vote
House
Enacted
Latest: Public Law 95-562.(1978-11-01)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Perishable Agricultural Commodities Act to raise the maximum license fee for commission merchants, dealers and brokers from $100 to $300, and to raise from $100,000 to $200,000 the minimum invoice value of specified goods any person must buy or sell or negotiate the sale of in order to be deemed a dealer or broker. Authorizes the Secretary of Agriculture to assess a single uniform license fee for all applicants or a graduated fee based on the amount or type of business conducted by the applicant or both. Limits the Perishable Agricultural Commodities Act Fund for any fiscal year to approximately 25 percent of the projected budget for the ensuing fiscal year.…

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