S 2587 · 97th Congress · Agriculture and Food

Dairy Stabilization Act of 1982

Introduced 1982-05-27· Sponsored by Sen. Boschwitz, Rudy [R-MN]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Committee on Agriculture received executive comment from Agriculture Department. Unfavorable.(1982-08-03)

Plain Language Summary

[AI summary unavailable — showing source text] Dairy Stabilization Act of 1982 - Amends the Agriculture Act of 1949 to revise the method of determining milk price support levels for FY 1983 through 1985. Sets the price of milk for domestic needs: (1) at $13.10 per hundred weight for FY 1983; and (2) at the percentage of parity for FY 1984 and 1985 which $13.10 represented as of October 1, 1982. Declares that price support for milk shall be provided through the purchase of milk and milk products by the Commodity Credit Corporation (CCC) under borrowing authority approved by Congress and repayments from the National Dairy Board established by this Act. Authorizes the Board to make payments to milk marketers whose levels of marketing have been reduced from the levels of the prior fiscal year. Sets forth the method of determining such payments. Authorizes the CCC to increase its milk purchases in the event of an increase in dairy product imports. Establishes a National Dairy Board to: (1) determine the relative proportions of milk to which the price support levels will apply and the producer responsibility for dairy product purchases; (2) establish a uniform rate by which the price paid farmers for milk in excess of domestic commer…

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

Cosponsors (9)

7 Democrats2 Republicans