To amend the Agricultural Market Transition Act to ensure that producers
of all classes of soft white wheat (including club wheat) are permitted
to repay marketing assistance loans,... (Introduced in the Senate)
S 428 IS
106th CONGRESS
1st Session
S. 428
To amend the Agricultural Market Transition Act to ensure that producers
of all classes of soft white wheat (including club wheat) are permitted
to repay marketing assistance loans, or receive loan deficiency payments,
for the wheat at the same rate.
IN THE SENATE OF THE UNITED STATES
February 12, 1999
Mr. GORTON introduced the following bill; which was read twice and referred
to the Committee on Agriculture, Nutrition, and Forestry
A BILL
To amend the Agricultural Market Transition Act to ensure that producers
of all classes of soft white wheat (including club wheat) are permitted
to repay marketing assistance loans, or receive loan deficiency payments,
for the wheat at the same rate.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. REPAYMENT RATE FOR MARKETING ASSISTANCE LOANS FOR WHEAT; LOAN
PAYMENT RATE FOR LOAN DEFICIENCY PAYMENTS FOR WHEAT.
(a) IN GENERAL- Section 134(a)(2) of the Agricultural Market Transition
Act (7 U.S.C. 7234(a)(2)) is amended--
(1) in subparagraph (C), by striking `and' at the end;
(2) in subparagraph (D), by striking the period at the end and inserting
`; and'; and
(3) by adding at the end the following:
`(E) in the case of soft white wheat, be uniform for all classes of
the wheat, including club wheat.'.
(b) APPLICATION- The amendments made by subsection (a) shall apply
beginning with the 1997 crop of wheat.