S 968 · 97th Congress · Agriculture and Food

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

Introduced 1981-04-09· Sponsored by Sen. Zorinsky, Edward [D-NE]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Subcommittee on Foreign Agricultural Policy.(1981-04-15)

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 establish a short-term agricultural export credit program for a commodity (within five days) after any such suspension.…

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