HR 2233 · 97th Congress · Agriculture and Food

A bill to establish certain price support loan levels in the event of the suspension of export sales of agricultural commodities.

Introduced 1981-03-02· Sponsored by Rep. English, Glenn [D-OK-6]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: For Further Action See H.R.3603.(1981-05-18)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Food and Agriculture Act of 1977 to require the Secretary of Agriculture to set the loan level for a suspended agricultural export at not less than the average market price (for such commodity) for the preceding 15 days when such suspension is national security or foreign policy related (currently 90 percent of parity in situations of short supplies). Directs the Secretary to ascertain that Government purchases of such commodities include acquisition of quantities of like classes of the particular commodities proportionate to the quantities of those classes for which sales were suspended. States that if an export suspension occurs after January 1, 1980, and remains in effect on October 1, 1981, the applicable loan level shall be adjusted as provided in this Act.…

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

Cosponsors (12)

7 Democrats5 Republicans