HR 2428 · 98th Congress · Armed Forces and National Security
A bill to amend the Commodity Credit Corporation Act to promote the exchange of material produced abroad and needed in the United States for agricultural commodities produced in and exported from the United States through normal commercial trade channels.
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to Subcommittee on Seapower and Strategic and Critical Materials.(1983-04-15)
Plain Language Summary
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Amends the Commodity Credit Corporation Charter Act to authorize the Corporation to purchase foreign-produced strategic and critical materials and petroleum and petroleum products from persons who have gotten such products by bartering U.S. agricultural exports through normal commercial channels. Transfers such products to the strategic materials and petroleum stock piles, respectively. Directs the Corporation to promote and coordinate such barter arrangements. Limits new spending authority under this Act to amounts appropriated. Sets forth financing and antitrust provisions.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (18)
6 Democrats12 Republicans