HR 5275 · 98th Congress · Agriculture and Food
A bill to require the Commodity Credit Corporation to have certain provisions in contracts entered into by the Corporation for storage of agricultural commodities.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to Subcommittee on Wheat, Soybeans, and Feed Grains.(1984-04-12)
Plain Language Summary
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Amends the Commodity Credit Corporation Charter Act regarding long-term (in excess of one year) commodity storage contracts to require that: (1) rental rates shall be less than rates charged for one-year agreements; (2) the Commodity Credit Corporation (CCC) shall not be obligated to pay for unused space it leases to another party; and (3) the CCC can terminate the agreement if the space is no longer needed and the owner can be given reasonable time to rent the space to another party.…
Summarized by Claude AI · Non-partisan · For informational purposes only