To amend the Agricultural Market Transition Act to provide a variant
of loan deficiency payments to producers who are otherwise eligible for
such payments, but who elect to use acreage... (Introduced in the House)
HR 2772 IH
106th CONGRESS
1st Session
H. R. 2772
To amend the Agricultural Market Transition Act to provide a
variant of loan deficiency payments to producers who are otherwise eligible
for such payments, but who elect to use acreage planted to the eligible
commodity for the grazing of livestock.
IN THE HOUSE OF REPRESENTATIVES
August 5, 1999
Mr. LUCAS of Oklahoma introduced the following bill; which was referred
to the Committee on Agriculture
A BILL
To amend the Agricultural Market Transition Act to provide a
variant of loan deficiency payments to producers who are otherwise eligible
for such payments, but who elect to use acreage planted to the eligible
commodity for the grazing of livestock.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. PAYMENT IN LIEU OF A LOAN DEFICIENCY PAYMENT.
(a) IN GENERAL- Section 135 of the Agricultural Market Transition Act
(7 U.S.C. 7235) is amended by adding at the end the following new subsection:
`(e) PAYMENTS IN LIEU OF LOAN DEFICIENCY PAYMENTS-
`(1) ELIGIBILITY- In the case of a producer who would be eligible for
a loan deficiency payment under this section for a loan commodity, but
who elects to use acreage planted to the commodity for the grazing of livestock,
the Secretary shall make a payment to the producer under this subsection
if the producer enters into an agreement with the Secretary to forego any
other harvesting of the commodity on that acreage during that crop year.
`(2) CALCULATION- The payment under this section shall be calculated
by multiplying--
`(A) the loan deficiency payment rate determined under subsection (c)
in effect, as of the date of the agreement, in the county in which the
acreage is located; by
`(B) the quantity of the loan commodity involved, which shall be determined
by multiplying--
`(i) the total acreage on which the producer agrees to forego harvest;
by
`(ii) the higher of the producer's established yield for the commodity
or the county average yield for the commodity, as determined by the Secretary.
`(3) TIME FOR PAYMENT- A payment under this subsection shall be made
as soon as practicable after the producer and the Secretary enter into
the agreement required by paragraph (1), without regard to the stage of
maturity of the loan commodity involved.'.
(b) IMPLEMENTATION- Within 90 days after the date of the enactment
of this Act, the Secretary of Agriculture shall issue regulations to carry
out the amendment made by subsection (a). The issuance of the regulations
shall be made without regard to--
(1) the notice and comment provisions of section 553 of title 5, United
States Code;
(2) the statement of policy of the Secretary of Agriculture effective
July 24, 1971 (36 FR 13804), relating to notices of proposed rulemaking
and public participation in rulemaking;
(3) chapter 35 of title 44, United States Code (commonly known as the
`Paperwork Reduction Act'); and
(4) other provisions of law which would delay the implementation of
the amendment made by subsection (a) beyond 90 days.