Sugar Stabilization Act of 1979

[AI summary unavailable — showing source text] Sugar Stabilization Act of 1979 - Title I: International Sugar Agreement - Authorizes the President to implement the International Sugar Agreement by (1) regulating the entry of sugar from any country not a member of the International Sugar Organization and (2) requiring records and reports concerning the entry of sugar. Establishes criminal penalties for violating such regulations. Requires the President to submit to Congress an annual report on the Agreement beginning in 1980. Title II: Domestic Sugar Program Provisions - Establishes 17 cents per pound, raw value, as the price objective for domestic sugar during the 1978 sugar supply year. Sets forth the formula for determining the price objective for succeeding years. Requires the Secretary of Agriculture to monitor the average daily price of sugar imports. Directs the Secretary to recommend that the President impose special import duties and quotas on sugar and sugar-containing products to assure that the average daily price of sugar imports will meet the proclaimed price objective for sugar. Requires the Secretary to review the imposed duties and quotas and recommend any adjustments to the President. Authorizes the President t…